Page 26 - ABC Company 2018 Open Enrollment Guide

Flexible Spending Accounts (FSA)
— Plan for What’s Ahead
Flexible Spending Accounts help you plan for certain expenses while reducing your taxes by allowing you to set aside before-tax money to pay for certain healthcare and dependent day care expenses. Your FSA contributions are taken out of each paycheck before taxes
are calculated.
It is important to understand that your FSA is not a savings account. You will need to spend all your contributed funds by the end of the benefit plan year or you could forfeit any unused balance. It is important that you are aware of your options with your FSA accounts.
Claims under the FSA will automatically process with UHC. Reimbursement checks will be sent directly to
you. To modify this default setting, you may visit www.myuhc.com to change the reimbursement option.
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