Page 15 - National General 2021 Annual Benefits Enrollment
P. 15
2021
www.mynatgenbenefits.com
Flexible Spending Accounts (FSA)
Flores and Associates Flexible Spending Accounts (FSA)
You can use pre-tax dollars to save for qualifying medical, dental, vision, dependent care and transportation expenses.
National General offers three types of FSAs to help meet your individual needs throughout the calendar year.
Full Flexible Spending Account Limited Flexible Spending Account
This FSA allows: This FSA allows:
Choice Plus PPO Plan participants to use this account Basic or Enhanced Plan participants can use this
to pay for copays, coinsurance amounts, prescriptions, account for vision and dental expenses only until the
vision and dental expenses IRS minimum deductible levels have been met
Yearly rollover of balances up to $500 The 2021 IRS established minimum deductible is
A maximum of $2,750 in contributions in 2021 $1,400 for single coverage and $2,800 for family
coverage. Once met, they can be used for medical
Dependent Care Flexible Spending expenses.
Account Yearly rollover of balances up to $500
This FSA allows: A maximum of $2,750 in contributions for 2021
You to open, maintain and use the account regardless Qualified Transit Expense (QTE)
of other benefits selected A different type of FSA, this account allows:
Payment for dependent care services, such as
preschool, summer day camp, before-school or after- Payment for eligible transportation and parking
school programs, and child or elder daycare expenses
A limit of $5,000 in contributions You to set aside up to $270 per month for the account
Funds to be used only during the calendar year Use of a special debit card to access account balances
For More Information
Call 800.532.3327 or visit www.flores247.com
15
www.mynatgenbenefits.com
Flexible Spending Accounts (FSA)
Flores and Associates Flexible Spending Accounts (FSA)
You can use pre-tax dollars to save for qualifying medical, dental, vision, dependent care and transportation expenses.
National General offers three types of FSAs to help meet your individual needs throughout the calendar year.
Full Flexible Spending Account Limited Flexible Spending Account
This FSA allows: This FSA allows:
Choice Plus PPO Plan participants to use this account Basic or Enhanced Plan participants can use this
to pay for copays, coinsurance amounts, prescriptions, account for vision and dental expenses only until the
vision and dental expenses IRS minimum deductible levels have been met
Yearly rollover of balances up to $500 The 2021 IRS established minimum deductible is
A maximum of $2,750 in contributions in 2021 $1,400 for single coverage and $2,800 for family
coverage. Once met, they can be used for medical
Dependent Care Flexible Spending expenses.
Account Yearly rollover of balances up to $500
This FSA allows: A maximum of $2,750 in contributions for 2021
You to open, maintain and use the account regardless Qualified Transit Expense (QTE)
of other benefits selected A different type of FSA, this account allows:
Payment for dependent care services, such as
preschool, summer day camp, before-school or after- Payment for eligible transportation and parking
school programs, and child or elder daycare expenses
A limit of $5,000 in contributions You to set aside up to $270 per month for the account
Funds to be used only during the calendar year Use of a special debit card to access account balances
For More Information
Call 800.532.3327 or visit www.flores247.com
15
