Page 9 - PSRS Benefits at a Glance 2017

New Benefits for 2017

Teladoc

You may request a consultation from a board-certified doctor at any time of the day, seven days a week, by phone or online.
Teladoc physicians can diagnose routine ailments, recommend treatments, and prescribe medications.
IDShield
IDShield includes a complete suite of identity restoration, privacy monitoring and security monitoring. Membership includes:
• Full Service Restoration - Complete identity recovery services by Kroll Licensed Private Investigators and our $5 million
service guarantee ensure that if your identity is stolen, it will be restored to its pre-theft status.
• Privacy Monitoring - Monitoring your name, SSN, date of birth, email address (up to 10), phone numbers (up to 10), driver
license & passport numbers, and medical ID numbers (up to 10) provides you with comprehensive identity protection service
that leaves nothing to chance.
• Security Monitoring - SSN, credit cards (up to 10), and bank account (up to 10) monitoring, sex offender search, financial
activity alerts and quarterly credit score tracking keep you secure from every angle.
• Consultation - Your identity protection plan includes 24/7/365 live support for covered emergencies, unlimited counseling,
identity alerts, data breach notifications and lost wallet protection.

Flexible Spending Accounts (FSA)

A Flexible Spending Account (FSA) allows you the opportunity to pay for qualified health and/or dependent care expense with pretax
money.
When you participate in an FSA, your Federal Income Tax, Social Security and Medicare Tax withholdings will
be reduced, and the savings you can enjoy with an FSA can be quite substantial. Depending on your personal
tax rate, this can save you 10% to 30% or more.
Health Care FSA
• You may set aside up to $2,600 annually
• Use your Health Care FSA to pay for qualified health expenses for yourself that are not covered by
your medical, dental or vision plans.
• Can be used for yourself and your eligible dependents.
• Your Health Care FSA is “pre-loaded,” meaning that your annual contribution amount is available to
you at the beginning of the plan year — regardless of the amount you have actually accumulated
in your account to date (orthodontia is an exception).

A full list of eligible Health FSA expenses can be found at www.irs.gov/pub502.
Can I contribute to both an HSA and FSA in the same year?
Yes, a “Limited Purpose FSA” is permissible. A limited FSA only allows reimbursement of dental and vision out-of-pocket expenses. This is
extremely valuable for the more expensive dental and vision services such as orthodontia and Lasik surgery.
Dependent Care FSA
• You may set aside up to $5,000 annually, or up to $2,500 if you are married and file taxes separately from your spouse.
• Use your Dependent Care FSA to pay for care for a dependent child or adult while you are at work.
• At any given time, you may only be reimbursed up to the amount that has accumulated in your account.

For full details on your FSAs, refer to your ASI enrollment materials or visit www.asiflex.
com.
Download the AsiFlex smartphone apps here:
FSA Reminders

• You must re-enroll each year to participate. This plan does allow Health Care FSA rollover up
to a maxium of $500.
• The IRS has a “use it or lose it” rule, so please make sure you don’t over-contribute. The IRS
allows you to have funds taken out on a pre-tax basis, but they do not allow your employer to
return unused funds to you.
• You may not change your selection during the year unless you have a qualifying event. Android Apple

2017 BENEFITS AT A GLANCE 9