Page 20 - The Final W book
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W International provides you with a Flexible Spending Account option through isolved Benefit
Services. FSAs provide you with an important tax advantage that can help you pay health care
and dependent care expenses on a pre- tax basis. By anticipating your family’s health care and
dependent care costs for the next year, you can lower your taxable income. You may choose to
participate in one or both of these options, depending on your individual needs.
Please Note: You cannot have both an HSA and a standard Health Care FSA.
Health Care Spending Account
This program allows W International associates to pay for certain IRS-approved medical,
prescription, dental, and vision care expenses not covered by the insurance plan with pre-
tax dollars. For more information about eligible medical expenses, please refer to IRS
Publication 502, Medical and Dental Expenses, available at
www.irs.gov/publications/p502/index.html.
The annual maximum amount you may contribute to the Health Care FSA is $3,200 per
calendar year. Features of this plan include:
• Plan Year: 02/01/2024 - 01/31/2025
• Annual Maximum Election: $3,200
• Carryover: $640
• Run Out: 90 Days
Note: This is intended to be an easy-to-read summary (not a contract); the above items are only highlights of the spending accounts. Additional
limitations and exclusions may apply to covered services. For a full description of eligible expenses, please contact isolved Benefit Services.
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