Page 12 - 2016 Enrollment
P. 12
Flexible Spending Accounts
Flexible Spending Accounts (FSA)—Discovery Benefits
FSAs are tax favored accounts which allow you to pay for eligible healthcare and
dependent care expenses with pre-tax dollars. You must make a new election each
calendar year if you wish to participate in either or both Flexible Spending Accounts.
Make your elections wisely! Any unused funds are forfeited at the end of the plan
year.
Account Use For Maximum Annual Election
Limited purpose healthcare
reimbursement account Dental and vision expenses $2,550
Dependent care expenses (day care,
Dependent care after school programs for children under $5,000
age 13, or elder care programs)
12
Benefits Enrollment
Flexible Spending Accounts (FSA)—Discovery Benefits
FSAs are tax favored accounts which allow you to pay for eligible healthcare and
dependent care expenses with pre-tax dollars. You must make a new election each
calendar year if you wish to participate in either or both Flexible Spending Accounts.
Make your elections wisely! Any unused funds are forfeited at the end of the plan
year.
Account Use For Maximum Annual Election
Limited purpose healthcare
reimbursement account Dental and vision expenses $2,550
Dependent care expenses (day care,
Dependent care after school programs for children under $5,000
age 13, or elder care programs)
12
Benefits Enrollment
