Page 21 - Adreima Enrollment Guide
P. 21
Adreima
Flexible Spending Accounts
Flexible Spending Accounts allow you to pay for eligible healthcare Enrollment
and/or dependent care expenses on a pre-tax basis. You decide Any full-time, beneits eligible team
how much to put into your account(s) each calendar year. FSA member may enroll. Enrollments
contributions are pre-tax and are deducted from each paycheck. You must take place before the beginning
must re-elect these accounts annually since they are based on the tax of the plan year, January 1 through
year. December 31. It is necessary to
Flexible Spending Account re-enroll prior to each year of
participation.
Health Flexible Spending Account
This account may be used to reimburse team members for a long list Team members are not allowed to
of IRS-approved medical expenses incurred by the team member and change the amounts of deductions
his/her family. The maximum allowed in a healthcare FSA is now during the year unless they
$2,550 annually. Some examples of eligible expenses include: have a change in family status.
Reimbursement through the
Medical expenses not paid by the group insurance plan, such as dependent care account will be allowed
the deductibles and the coinsurance paid by team members only up to the current account balance.
Dental expenses (including checkups, illings, braces, etc.) Reimbursement through the healthcare
Vision-care expenses (including examination and corrective account will be allowed up to the total
lenses) amount elected for the entire plan year.
Dependent Care Flexible Spending Account Remember: you cannot participate
This account can be used to reimburse for eligible employment- in the health FSA while you are
related dependent-care expenses for qualiied dependents. Eligible contributing to an HSA, but you can
expenses, as deined by the tax code, are expenses paid to a person participate in the dependent care
who is not an team member’s dependent, their spouse, or child account.
under the age of 19, and which were incurred only for the purpose
of enabling the team member or their spouse to remain gainfully
employed. The maximum allowed in a dependent care FSA is $5,000.
Flexible Spending Account Rules
Any money left in a Flexible Spending Account or Dependent Care
Spending Account at the end of the plan year will be forfeited. If
you terminate employment, only expenses incurred before your
termination date are eligible expenses under the FSA.
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Flexible Spending Accounts
Flexible Spending Accounts allow you to pay for eligible healthcare Enrollment
and/or dependent care expenses on a pre-tax basis. You decide Any full-time, beneits eligible team
how much to put into your account(s) each calendar year. FSA member may enroll. Enrollments
contributions are pre-tax and are deducted from each paycheck. You must take place before the beginning
must re-elect these accounts annually since they are based on the tax of the plan year, January 1 through
year. December 31. It is necessary to
Flexible Spending Account re-enroll prior to each year of
participation.
Health Flexible Spending Account
This account may be used to reimburse team members for a long list Team members are not allowed to
of IRS-approved medical expenses incurred by the team member and change the amounts of deductions
his/her family. The maximum allowed in a healthcare FSA is now during the year unless they
$2,550 annually. Some examples of eligible expenses include: have a change in family status.
Reimbursement through the
Medical expenses not paid by the group insurance plan, such as dependent care account will be allowed
the deductibles and the coinsurance paid by team members only up to the current account balance.
Dental expenses (including checkups, illings, braces, etc.) Reimbursement through the healthcare
Vision-care expenses (including examination and corrective account will be allowed up to the total
lenses) amount elected for the entire plan year.
Dependent Care Flexible Spending Account Remember: you cannot participate
This account can be used to reimburse for eligible employment- in the health FSA while you are
related dependent-care expenses for qualiied dependents. Eligible contributing to an HSA, but you can
expenses, as deined by the tax code, are expenses paid to a person participate in the dependent care
who is not an team member’s dependent, their spouse, or child account.
under the age of 19, and which were incurred only for the purpose
of enabling the team member or their spouse to remain gainfully
employed. The maximum allowed in a dependent care FSA is $5,000.
Flexible Spending Account Rules
Any money left in a Flexible Spending Account or Dependent Care
Spending Account at the end of the plan year will be forfeited. If
you terminate employment, only expenses incurred before your
termination date are eligible expenses under the FSA.
21
