Page 15 - 2017 Benefits Enrollment
P. 15
Dentsu Aegis Network (DAN)
Flexible Spending Accounts
In 2017, FSA accounts will be administered by Your Savings Account (YSA). Flexible Spending
Accounts
The Health Care FSA gives you a valuable tax break by leing you set aside
pre-tax dollars for reimbursement of eligible healthcare expenses incurred by
you and your family during the calendar year. FSA Debit Card
Your Healthcare FSA funds are
Similarly, a dependent care FSA gives you a valuable tax break to help you pay for loaded to a credit card from YSA
eligible child and adult day care expenses. However, the dependent care FSA may which you can use to pay for
not be used for reimbursement of your family’s healthcare expenses; you must out-of-pocket expenses. In the
use a Health Care FSA for reimbursement of eligible healthcare expenses. Dependent Care FSA, you do not
receive a debit card. Instead,
Under the Health Care FSA, you may be reimbursed for eligible medical, you’ll submit claims to YSA for
dental, and vision out-of- pocket expenses incurred by you and your reimbursement.
dependents. You may contribute up to $2,600 per calendar year.
Under the Dependent Care FSA, you may be reimbursed for eligible day
care expenses for children under age 13 and adult day care expenses. You
may contribute up to $5,000 per calendar year ($2,500 maximum if you’re
married and ile separate tax returns).
Please note the following about FSA elecions:
X If you elect the High Deducible Health Plan with HSA, you may not
contribute to a Health Care FSA during 2017
“Use It or Lose It”
All expenses must be incurred
by December 31, 2017. If
not, your FSA savings will be
forfeited. You will have until
March 31, 2018 to submit
claims incurred during the
2017 plan year.
15
Flexible Spending Accounts
In 2017, FSA accounts will be administered by Your Savings Account (YSA). Flexible Spending
Accounts
The Health Care FSA gives you a valuable tax break by leing you set aside
pre-tax dollars for reimbursement of eligible healthcare expenses incurred by
you and your family during the calendar year. FSA Debit Card
Your Healthcare FSA funds are
Similarly, a dependent care FSA gives you a valuable tax break to help you pay for loaded to a credit card from YSA
eligible child and adult day care expenses. However, the dependent care FSA may which you can use to pay for
not be used for reimbursement of your family’s healthcare expenses; you must out-of-pocket expenses. In the
use a Health Care FSA for reimbursement of eligible healthcare expenses. Dependent Care FSA, you do not
receive a debit card. Instead,
Under the Health Care FSA, you may be reimbursed for eligible medical, you’ll submit claims to YSA for
dental, and vision out-of- pocket expenses incurred by you and your reimbursement.
dependents. You may contribute up to $2,600 per calendar year.
Under the Dependent Care FSA, you may be reimbursed for eligible day
care expenses for children under age 13 and adult day care expenses. You
may contribute up to $5,000 per calendar year ($2,500 maximum if you’re
married and ile separate tax returns).
Please note the following about FSA elecions:
X If you elect the High Deducible Health Plan with HSA, you may not
contribute to a Health Care FSA during 2017
“Use It or Lose It”
All expenses must be incurred
by December 31, 2017. If
not, your FSA savings will be
forfeited. You will have until
March 31, 2018 to submit
claims incurred during the
2017 plan year.
15
