WageWorks is our partner for the flexible spending accounts.
Flexible spending accounts, or FSAs, save you money because you can pay for eligible expenses with tax-free dollars. You can save money by enrolling in the Flexible Spending Accounts (FSAs) below:
- Health Care FSA
- Limited Health Care FSA
- Dependent Care FSA
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HOW CAN I RECEIVE REIMBURSEMENTS?
You can receive reimbursements from WageWorks by:
- Using the EZ Receipts mobile app
- Use a camera to take picture of documentation & submit via mobile app
- Using the FSA Card (Dependent Care FSA does not offer a card)
- Visiting the WageWorks website
- Submitting a paper claim form
DIFFERENCES BETWEEN THE FSAs
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Health Care FSA | Limited FSA | Dependent Care FSA |
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Who is eligible to enroll |
Employees NOT enrolled in an HDHP medical plan |
Employees enrolled in an HDHP medical plan |
Anyone that has the below expenses |
Eligible expenses |
Medical, Rx, Dental & Vision |
Dental & Vision |
Daycare, before & after school care for children under age 13 and Elder care |
Claims submission deadline for 2020 plan year |
Mar. 31, 2021 |
Mar. 31, 2021 |
June 30, 2021 |
Annual limit – 2021 |
$2,750 |
$2,750 |
$5,000 |
Can incur claims for 2021 plan year |
Through Dec. 31, 2021 |
Through Dec. 31, 2021 |
Through Mar. 15, 2022 |
Claims submission deadline for 2021 plan year* |
Mar. 31, 2022 |
Mar. 31, 2022 |
June 30, 2022 |
2021 FSA eligible for carryover up to $550 |
Yes |
Yes |
No |
*Due to COVID-19, the deadline to submit FSA claims has been extended to 60 days after the national emergency which will be communicated after the national emergency ends. If you had a break in contributions during the plan year, claims may only be submitted for services and expenses that were incurred during the time period(s) that you were contributing to your FSA.
MORE INFORMATION
Review IRS Publication 969 and 502 for more information regarding what expenses are eligible and specific rules around which dependents are eligible for distributions.
HEALTH CARE FSA
Eligible if you elect a medical PPO or waive medical coverage.
Not eligible is you are enrolled in a HDHP medical plan.
- Click here to view the FSA Quick Start Guide.
- Click here for a list of eligible expenses for the Health Care FSA.
- The annual election amount is available on Jan. 1. If your FSA start date is later than Jan. 1, your amount is available on that effective date.
LIMITED FSA (for dental and vision expenses)
Eligible only if you elect a HDHP medical/Rx plan.
- Click here to view the FSA Quick Start Guide for Limited FSAs.
- Click here for a list of eligible expenses through the Limited Health Care FSA
- The annual election amount is available on Jan. 1. If your FSA start date is later than Jan 1, your amount is available on that effective date.
DEPENDENT CARE FSA (for day care expenses)
Eligible if you have eligible dependent day-care or adult/elder care expenses.
This plan does NOT cover healthcare expenses for your dependents.
- Click here to view the FSA Quick Start Guide for Dependent Care FSAs.
- Click here for a list of eligible expenses for the Dependent Care FSA. The most popular eligible expenses are: daycare, before and after-school care for children under age 13, summer camp and adult/elder care.
- Learn more about the Dependent Care FSA by clicking here.
- This plan is similar to a checking account...you can only be reimbursed the amount that has been contributed year-to-date (contributions occur each pay period).
- If your spouse also enrolls in a Dependent Care FSA, your combined annual limit is $5,000.
If you are married and file separate tax returns, each spouse may contribute $2,500.
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