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FLEXIBLE SPENDING ACCOUNTS (FSA)

Flexible Spending Accounts allow you to pay for out-of-pocket health and dependent care expenses on a
tax-free basis. You may begin making contributions in the month following your hire date. Our FSA is
administered by TaxSaver Plan. Please note, if you are enrolled in the HDHP, you are not eligible to enroll
in the Health Care FSA.

How the Health Care FSA Works

The Health Care FSA allows you to pay for eligible IRS-
approved health care expenses not covered by your FSA Claim Filing Extension:
insurance plan. Money that you now spend on the
following items can be placed in the FSA pretax. The
maximum annual contribution is $3,050. Active Employees have a 2.5-month extension to
• Deductibles and copayments utilize FSA contributions remaining as of 12/31
• Over the counter medications (prescription each plan year. Only use your card for current year
required) expenses. Eligible claims incurred by 03/15 may be
• Prescription drug copayments submitted for reimbursement from the prior year’s
• Dental, vision and hearing care expenses plan balance. Active Employee claims must be filed
with TaxSaver FSA division no later than 03/31.

How the Dependent Care FSA Works

The Dependent Care FSA allows you to use pre-tax dollars
towards the following qualified dependent care. The
maximum annual contribution is $5,000.

• Preschool or nursery school expenses
• Babysitter in your home
• Day care center
• Summer day camp
• After-school care
FSA Plan Termination
This FSA is used for reimbursement of eligible care
expenses for a spouse, or dependents of any age who FSA Plans end on your date of termination with the
spend at least eight hours a day in your home or who are Rangers. You can still submit claims up to the runout
mentally or physically incapable of self-care. period, but the dates of service must be prior to your
termination date.

2023 Rangers Baseball LLC (the Texas Rangers) Benefit Guide Page 12