Page 25 - 2018 Carlstar Benefit Guide
P. 25
BENEFITS ENROLLMENT • 201825
Flexible Spending Accounts (FSA)
The Carlstar Group offers for dependent care expenses). The debit card is designed to
two different types of lexible This method of accessing your reduce the traditional hassles
spending account plans, a account balance helps reduce the of iling claims. However, you
Healthcare FSA and a Dependent traditional hassles of reimbursement should always keep copies
Care FSA. When you enroll in a accounts such as duplicate out-of- of each of your debit card
FSA and make contributions, you pocket payments and waiting for transactions in the event you
will receive a debit card which reimbursement checks. In addition, are requested to prove items
has been preloaded with your when you do not use you debit purchased are considered eligible
enrollment information. Then, card, you can submit a paper claim healthcare expenses by the IRS.
when you have eligible healthcare form. The Carlstar Group FSA You do not have to participate in
expenses, you use your debit card account plans are administered by the company provided health plan
like a credit card, providing you WageWorks . to enroll in the Healthcare FSA.
instant access to your account
(the debit card cannot be used
Healthcare FSA (Can Not Be Used With HSA Silver Plan)
The Healthcare FSA plan allows you to make pretax You may contribute up to $2,650 annually. When
contributions from your pay to an account designated you enroll, you will elect an amount you wish to have
to reimburse you for eligible healthcare expenses. deducted each pay period.
Eligible healthcare expenses include the following.
Keep in mind a Healthcare FSA is for eligible
X Out-of-pocket medical, pharmacy, dental, and vision healthcare expenses for you and all of the dependents
expenses such as deductibles and copays you claim on your federal tax return—not just
X Medical, pharmacy, dental, and vision charges in those dependents covered under a company-offered
excess of reasonable and customary limits medical plan.
X Your contributions are deducted from your pay
before federal income taxes, Social Security taxes and,
in most states, before state income taxes are withheld.
You must enroll each year to participate in the Healthcare FSA and/or Dependent
Care FSA on https://myspendingaccount.wageworks.com
Flexible Spending Accounts (FSA)
The Carlstar Group offers for dependent care expenses). The debit card is designed to
two different types of lexible This method of accessing your reduce the traditional hassles
spending account plans, a account balance helps reduce the of iling claims. However, you
Healthcare FSA and a Dependent traditional hassles of reimbursement should always keep copies
Care FSA. When you enroll in a accounts such as duplicate out-of- of each of your debit card
FSA and make contributions, you pocket payments and waiting for transactions in the event you
will receive a debit card which reimbursement checks. In addition, are requested to prove items
has been preloaded with your when you do not use you debit purchased are considered eligible
enrollment information. Then, card, you can submit a paper claim healthcare expenses by the IRS.
when you have eligible healthcare form. The Carlstar Group FSA You do not have to participate in
expenses, you use your debit card account plans are administered by the company provided health plan
like a credit card, providing you WageWorks . to enroll in the Healthcare FSA.
instant access to your account
(the debit card cannot be used
Healthcare FSA (Can Not Be Used With HSA Silver Plan)
The Healthcare FSA plan allows you to make pretax You may contribute up to $2,650 annually. When
contributions from your pay to an account designated you enroll, you will elect an amount you wish to have
to reimburse you for eligible healthcare expenses. deducted each pay period.
Eligible healthcare expenses include the following.
Keep in mind a Healthcare FSA is for eligible
X Out-of-pocket medical, pharmacy, dental, and vision healthcare expenses for you and all of the dependents
expenses such as deductibles and copays you claim on your federal tax return—not just
X Medical, pharmacy, dental, and vision charges in those dependents covered under a company-offered
excess of reasonable and customary limits medical plan.
X Your contributions are deducted from your pay
before federal income taxes, Social Security taxes and,
in most states, before state income taxes are withheld.
You must enroll each year to participate in the Healthcare FSA and/or Dependent
Care FSA on https://myspendingaccount.wageworks.com
