Flexible Spending Accounts

With a Flexible Spending Account plan, employees make benefit decisions utilizing health flexible spending (FSA) accounts. There are two choices:

Out-of-pocket medical expenses. Employees calculate their qualified medical out-of-pocket expenses for the coming year. This amount is then deducted on a pre-tax basis from their gross pay.

As they incur qualified expenses, employees submit reimbursement requests and FlexChecks sends them a check.

Dependent Care expenses. Employees calculate their qualified dependent care expenses for the coming year. This amount is then deducted on a pre-tax basis from their gross pay.

As the incur qualified expenses, employees submit reimbursement requests and FlexChecks sends them a check.