Page 16 - Technip Energies 2022 benefits guide
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2022 Employee Benefits
Flexible Spending Account (FSA)
– HealthEquity
Technip Energies offers Dependent Care and Commuter Flexible Spending Accounts which are sponsored by
HealthEquity (formerly WageWorks). The Commuter FSA is available to Boston employees only.
What are the benefits of an FSA? Your biggest advantage is the tax savings. Every dollar you set aside in
your account reduces how much you pay in income taxes. Use pre-tax payroll deductions to pay for eligible
dependent care expenses, or to load funds into your Commuter account to pay for eligible work-related transit
and parking expenses.
DEPENDENT CARE FSA COMMUTER FSA – BOSTON EMPLOYEES ONLY
The Dependent Care FSA can be used to pay for day care The Commuter Care FSA can be used to pay for eligible
expenses for eligible dependents under age 13, as well as transit and parking expenses associated with travel to/from
adults who are physically or mentally incapable of self-care, work. Eligible transit expenses can include a pass, fare card,
so that you can work or go to school full-time. voucher, token or similar item allowing you to ride a mass
How the Dependent Care FSA Works transit vehicle. Eligible parking expenses include fees for
parking meters, garages and parking lots.
• Estimate day care provider expenses
• Contribute up to $5,000 (if single or married, filing taxes How the Commuter Care FSA Works
jointly) or $2,500 (if married filing separately) per year • Estimate parking and/or transit expenses
with pre-tax money • Contribute up to $280 per month on a pre-tax basis for
• Pay your day care provider and submit a claim for both transit and parking for a total of $560 per month
reimbursement • Pay your parking provider and submit a claim
You can only be reimbursed up to the amount in your for reimbursement
account. The Dependent Care FSA is a use-it-or-lose-it You may activate the Commuter FSA, as well as pause,
benefit! Unused funds are forfeited so be conservative change, or update your contribution amount, at any time by
in your estimation. visiting SmartBen. The Commuter FSA is not a use-it-or-
lose-it benefit as long as you remain employed by Technip
Energies.
Check Your FSA Balance or Request Reimbursement
Visit www.healthequity.com/wageworks to check your Dependent Care or Commuter FSA balances or
to request reimbursement from your account.
Questions or Concerns? For help call 877-924-3967 Monday through Friday, from 8 a.m. to 8 p.m.
Eastern time.
Download the EZ Receipts mobile application. Use your smartphone to file claims and take care of
®
your account paperwork from anywhere. Go to www.wageworks.com/myezreceipts to learn more.
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