Flexible Spending Accounts

A "Section 125 Cafeteria Plan", often referred to as a Flexible Spending Account (FSA), is a valuable employee benefit that allows you to have pre-tax dollars withheld from your paycheck to pay for eligible health care and/or dependent care expenses. It covers not just your expenses, but also those of your spouse and dependents. These expenses may include out-of-pocket medical costs, co-insurance amounts and dependent day care. The Flexible Spending Accounts (FSA) Plan provides two options: Medical Care and Dependent Care accounts.

OPTION 1: HEALTH CARE FLEXIBLE SPENDING ACCOUNT (FSA)

Health care expenses incurred by you or an eligible family member that are not covered by the Health Plan for medical, dental and vision benefits, may be reimbursable through your FSA account. For a detailed listing of eligible healthcare expenses, or to review the Flexible Benefits Summary Plan please click on the links below:


OPTION 2: DEPENDENT CARE FLEXIBLE SPENDING ACCOUNT (FSA)

Dependent Care Reimbursement Account, you may be reimbursed for eligible expenses incurred by you for the care of your child, disabled spouse, elderly parent, or other dependent that is physically or mentally incapable of self-care, so that you (and your spouse) can work or actively look for work. For additional information, please refer to the Flexible Benefits Summary Plan Description or the Dependent Care FSA Information document by clicking:

"BENNY" CARD PAYMENTS FOR FSA EXPENDITURES

All participants are provided with a FSA debit card, or "Benny Card" that simplifies the reimbursement process. By using the Benny (debit) Card to pay for qualified healthcare expenses, such as co-pays and prescriptions drugs at the point-of-service, an employee eliminates endless paperwork and wait time for reimbursement. "Benny Card" payments will deduct payments from your FSA account. You are, however, required to keep your receipts as documentation in the event of an IRS audit. For further information regarding payment by "Benny Card" debit card please click on the following link:

2020 IRS CONTRIBUTION LIMITS FOR FLEXIBLE SPENDING ACCOUNT (FSA)

The IRS has not yet released the FSA limits for 2020. Please check back for further updates.


  • MEDICAL FLEXIBLE SPENDING ACCOUNT: $2700.00 annually, or $103.83 bi-weekly , 2019 IRS limits
  • DEPENDENT CARE FLEXIBLE SPENDING ACCOUNT: $5000.00 annually, or $192.31 bi-weekly, 2019 IRS limits