FSA

PARTNER | WEX

Flexible Spending Accounts

These accounts allow employees and their families to use pre-tax monies to cover deductibles, copays and other non-covered eligible expenses. Employees can elect to have up to $2,850 deducted annually for the Healthcare FSA or the Limited Purpose Healthcare FSA and up to $5,000 for the Dependent Care Plan.

Healthcare Flexible Spending Account An FSA empowers you to set aside pre-tax money from every paycheck to help pay for qualified medical, dental and vision expenses. Choose a WEX FSA and see how easy it is to spend and save like a pro.

  • Annual Max | $2,850 Per Year A Healthcare Flexible Spending Account (FSA) allows employees to use pre-tax monies to cover deductibles, co-pays and other non-covered eligible expenses.
  • Put more money in your pocket
  • Access funds at the start of the year
  • Spend beyond the doctor's office
  • Join millions of flexible spenders!

Limited Purpose Healthcare Flexible Spending Account When enrolled in the HDHP and an HSA you may also elect a Limited Purpose FSA (LPFSA) concurrently, allowing you to receive reimbursement for eligible dental and vision expenses.

  • Annual Max | $2,850 Per Year A Healthcare Flexible Spending Account (FSA) allows employees to use pre-tax monies to cover deductibles, co-pays and other non-covered eligible expenses.
  • Put more money in your pocket
  • Access funds at the start of the year for dental and vision expenses
  • Spend beyond the doctor's office
  • Join millions of flexible spenders!

Dependent Care Flexible Spending Account Set aside pre-tax money from every paycheck to help pay for dependent care expenses. A qualifying ‘dependent’ may be a child under age 13, a disabled spouse, or an older parent in eldercare.

  • Annual Max | $5,000 Per Year allows employees to save taxes on eligible child or dependent care expenses. Employees can deduct up to $5,000 for dependent care expenses.
  • Daycare, nursery school and preschool
  • Summer day camp
  • Elder daycare
  • Before and after school programs

RESOURCE LIBRARY

HOW TO SIGN UP

During open enrollment at the beginning of each plan year, sign up to participate in an FSA. Select the option that best meets your needs and then determine the amount you would like to contribute from your pre-tax earnings.