Flexible Spending Accounts: Medical Care and Dependent Care Reimbursement Accounts
Flexible Spending Accounts ("FSA") are accounts where you can set aside money PRE-TAX to help pay for out-of-pocket medical expenses and/or daycare expenses.
Plan Administrator: Flex-Plan Services, Inc. 1-800-669-3539 (Monday-Friday 9am-9pm EST)
The admininistration fee effective January 1, 2015 is $1.11 per member per pay period (every 2 weeks). If you are paid any other frequency (other than biweekly) the fee will be adjusted accordingly. If you enroll in both the medical and dependent accounts, you will only be charged one administrative fee which will be applied to the medical account.
Please note for 2014 expenses: You have until 11:59pm on March 31, 2015 to submit your 2014 reimbursement request form (PDF). You will receive a confirmation statement in early January from Flex-Plan Services. Once received, you will then have access to Flex-Plan's on-line services and mobile app ("FLEXI").