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Flexible Spending Accounts

Flexible Spending Accounts (FSAs) offer you an additional way to save money on life’s essential
expenses. Through this program, you may direct a portion of your pre-tax salary into special
accounts from which you can reimburse yourself for qualified dependent child care, health care
and transportation costs. The money you contribute is deducted from your paycheck each pay
period before taxes are withheld, which can lower your taxable income. The FSAs are administered
through WEX.

Type of FSA Eligible Expenses Covered Dependents
Most medical, dental and vision care expenses Family members enrolled
Health Care
(for example co-payments, deductibles and eyeglasses) in your medical plan
For employees enrolled in the Consumer Choice HSA plan Family members enrolled
Limited Purpose
Vision and dental expenses ONLY in your medical plan
Dependent care expenses Tax dependents under age 13 or
Dependent Care (for example daycare, after school programs disabled dependents who reside
or elder care programs) with you for more than half a year

Transit Commuting expenses Employee expenses only FINANCIAL WELL-BEING
Parking Costs for parking at or near work or at a commuter station Employee expenses only

Use it or lose it!

Any unused funds in your Health Care FSA, Limited Purpose FSA and Dependent Care FSA will be forfeited. You may use
your balance to pay for expenses incurred through March 15th of the following year. You must submit for reimbursement
for all prior year expenses by March 31st. Also, remember you cannot transfer money from one type of flexible spending
account to another. For the Transit FSA and Parking FSA, you have 180 days to submit for reimbursement after incurring
the expense. You cannot submit a full year of expenses at one time. Your unused Commuter FSA balance(s) will roll
over year to year.

Note: You must re-enroll EACH YEAR in the Health Care, Limited Purpose and Dependent Care FSAs.

The MBTA Pass Program for Massachusetts employees is not an FSA. You cannot
participate in the Transit FSA and the MBTA Pass Program concurrently.

For a full list of eligible expenses, please visit wexinc.com/insights/benefits-toolkit/eligible-expenses

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