Flexible Spending Accounts
Flexible Spending Accounts (FSAs) allow you to pay for eligible expenses using pretax dollars. You must use all funds in your Health Care and/or Dependent Care account by 12/31 of the current plan year or per IRS regulations the remaining dollars will be forfeited. For terminated employees: you will have 90 days from your termination date to submit all reimbursement documents to Pay Flex for any eligible services from the start date of your FSA to the date of your termination (you will not be able to use the FSA funds for anything after your term date). To learn more, visit www.payflex.com.