Page 21 - Texas Rangers 2022 Front Office Flipbook
P. 21
FLEXIBLE SPENDING ACCOUNTS (FSA)
Flexible Spending Accounts allow you to pay for out-of-pocket health and dependent care expenses on a
tax-free basis. You may begin making contributions in the month following your hire date. Our FSA is
administered by TaxSaver Plan. Please note, if you are enrolled in the HDHP, you are not eligible to
enroll in the Health Care FSA.
How the Health Care FSA Works
The Health Care FSA allows you to pay for eligible IRS-
approved health care expenses not covered by your
insurance plan. Money that you now spend on the
following items can be placed in the FSA pretax. The FSA Claim Filing Extension:
maximum annual contribution is $2,750.00
• Deductibles and copayments Active Employees have a 2.5-month extension to
• Over the counter medications (prescription utilize FSA contributions remaining as of 12/31
required) each plan year. Only use your card for current year
• Prescription drug copayments expenses. Eligible claims incurred by 03/15 may be
• Dental, vision and hearing care expenses submitted for reimbursement from the prior year’s
plan balance. Active Employee claims must be filed
How the Dependent Care FSA Works with TaxSaver FSA division no later than 03/31.
The Dependent Care FSA allows you to use pre-tax
dollars towards the following qualified dependent care.
The maximum annual contribution is $5,000.00
• Preschool or nursery school expenses
• Babysitter in your home
• Day care center
• Summer day camp
• After-school care FSA Plan Termination
This FSA is used for reimbursement of eligible day care FSA Plans end the last day of the month when your
expenses for a Dependent who lives with you and who is service with the Rangers ends.
under age 13 (or disabled at any age).
The above is a summary of this benefit option.
Click here for more detailed information on this available benefit option.
2022 Rangers Baseball LLC (the Texas Rangers) Benefit Guide Page 21
