Flexible Spending Accounts (FSA)
A Flexible Spending Account (FSA) allows members to save money on a pre-tax basis specifically designated for health care. We support multiple FSA options:
- General FSA covers IRS-approved expenses
- Limited Purpose FSA usually covers vision and dental expenses only and is usually paired with a Health Savings Account (HSA)
- Dependent Care FSA covers members dependent care expenses while at work
We can easily pair an FSA with a Health Reimbursement Arrangement (HRA) and a Health Savings Account (HSA) for additional account flexibility and added opportunities for additional tax savings.
FSA Features
- Flexible design engine, with Limited Purpose FSA availability
- Quick and easy online claims submission for payments and reimbursements
- Access to historical FSA information
- Intelligent BenefitWallet Visa debit card
- Online employer reporting
- Specialized communication materials
- Mobile app features including:
- View account balances and transaction history
- View account alerts and claim details
- Submit a new claim
- Upload photo images of claim documentation
- View a smart list of only claims that require your action
To learn more about our Flexible Spending Accounts, please contact us.