Page 17 - 2021 Dreyer's Benefits Guide
P. 17

Flexible Spending Accounts (FSA)











          Offered through Optum
          Flexible Spending Accounts (FSAs) offer you a great way to save money on taxes. The Health Care FSA and
          Dependent Care FSA let you set aside tax-free dollars – money taken out of your paycheck before income
          or Social Security taxes have been calculated – to pay for eligible health care and dependent care
          expenses. The administrator for this plan is Optum.

          HEALTH CARE FLEXIBLE                                   LIMITED PURPOSE HEALTH CARE FSA
          SPENDING ACCOUNT                                       The Limited Purpose Health Care FSA is for

          The Health Care FSA is designed to help pay for        employees enrolled In the HDHP with the HSA
          eligible out-of-pocket health care expenses. Your      medical plan option. The Limited Purpose Health
          2021 elections, contributions and balances from        Care FSA works the same way as the standard
          your Nestlé FSA will be transferred over to your       Health Care FSA: pretax contributions, ”use it or
          new Dreyer’s plan.                                     lose it” elections, and expenses must occur within
                                                                 the plan year. However, with the Limited Purpose
          For 2022, you can contribute $2,750 per year per
                                                                 Health Care FSA, you can only submit claims
          individual or a maximum contribution per married
                                                                 for eligible vision and dental expenses. You can
          couple of $5,500.
                                                                 contribute up to $2,750 annually to a Limited
                                                                 Purpose Health Care FSA.
            Note: For 2022, you can roll over up to $550
            into the next plan year for both the Health
            Care and Limited Purpose Health Care FSAs.
            This means that the most that you will be able
            to use for qualified expenses after year-end           You will receive a new debit card for
            is $550. You have 90 days from the end of the          your Health Care FSA or Limited Purpose
            plan year to make your claim.                          FSA account.




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                                                                       FLEXIBLE SPENDING ACCOUNTS (FSA)
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