Page 16 - Enrollment Guide 2023-24

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Flexible Spending Accounts (FSA)

FSA Offered in Partnership with

Use your FSA Flex debit card preloaded
with your full election amount.
If offered by your employer, a Health Care Flexible
Spending Account (FSA) is a great way to pay for out-
of-pocket health care expenses using pre-tax funds.

Advantages of Enrolling

• Increase spendable income by reducing the amount you pay in taxes
• Easily budget the cost of planned yearly health care expenses
• Full elected funds are available on the 1 day of the plan year and can be used for medical, dental, vision
st
and certain over-the-counter items
• Use the Health FSA for you and your family members’ expenses, even if you and your dependents are not
enrolled in your employer’s medical plan

If you are spending money on health care expenses such as:

Copays • Coinsurance • Deductibles • Dental Work • Eye Glasses and Contact Lenses • Orthodontia •
Medical Products without Prescription • Other Medical, Dental, Vision and Hearing Products and Services

You can benefit from an FSA!

Check with your employer for details about your Health Care FSA offering.

FSA Resources
Participants save approximately

$30 in taxes for every $100 they • FSA Eligible Expenses List
• Election Worksheet to help you determine
set aside in an FSA how much money to set aside in your FSA
• Learn more on how to use FSA funds, tax
savings and general account details