Page 9 - Westmark Benefit Guide 2019-2020

Flexible Spending Accounts (FSA)

You can set aside money in Flexible Spending Accounts (FSA) before taxes are deducted to pay for
certain health and dependent care expenses, lowering your taxable income and increasing your take
home pay. Only expenses for services incurred during the plan year are eligible for reimbursement
from your accounts. You choose to receive reimbursement for your eligible expenses by direct
deposit or reimbursement check. You must re-enroll each year, even if you do not plan to change
the amount(s) set aside.

Health Care Spending Account (HCSA): Employees may defer up to $2,700 (pre-tax) per
year, to be reimbursed for prescriptions, insurance deductibles, co-payments, glasses and contact
lenses, orthodontia and other health care related expenses not covered by insurance. Participants
may carry over up to $500 of the unused funds to the following plan year. The funds must be used
with the following plan year or they will be forfeited.
IMPORTANT
Dependent Care Assistance Plan (DCAP): Employees may defer up to $5,000 (pre-tax) per NOTE ABOUT
year, to pay for eligible child and/or elder care expenses.
THE FSA:
Employee Assistance Program (EAP) FSAs offer sizable tax
advantages. The trade-
Westmark School offers a confidential Employee Assistance Program (EAP) at no charge to off is that these
employees through Guardian. This plan provides you and your family members with unlimited accounts are subject to
telephonic consultations for a wide range of emotional health, family and work issues including strict IRS regulations,
marital/family/relationship, personal/emotional, psychological disorders, workplace stress, and including the use-it-or-
grief. lose-it rule. According
to this rule, you must
The plan also includes web-based services for a wide variety of issues, such as: work related forfeit any money left
problems, marriage/family problems, alcohol and substance abuse, personal/stress related in your account(s)
problems, legal or financial problems and psychological/psychiatric disorders. You may call the EAP after your expenses for
24/7 CONFIDENTIAL line at (800) 386-7055. the year have been

reimbursed. The IRS
Pet Insurance does not allow the
return of unused
United Pet Care (UPC) | Discount Plan account balances at
With the United Pet Care (UPC) discount plan, you can reduce the cost of your veterinary bills by the end of the plan
saving up to 50% on each veterinary visit for your pet when you visit a contracted UPC provider. year, and only up to
This plan offers discounts for office visits, procedures, medications, and more. With UPC’s program, $500 can be carried
there are no deductibles, no claim forms, no exclusions due to pre-existing conditions or age, no over for the HCSA. For
annual dollar limitations, no waiting periods, and no limit on the number of visits annually. Two the DCAP, remaining
discount program options are available through UPC. balances cannot be
carried forward to a
future plan year. If
Legal Assistance you are unable to
Rocket Lawyer | Legal Advice estimate your health
care and dependent
Rocket Lawyer is a convenient way to access a library of legal documents for free or get an attorney
care expenses
referral for advise on more complex legal situations. The online Legal Benefits offers simple step-by- accurately, it is better
step instructions to help you customize legal forms, contracts and other documents for your specific to be conservative and
needs. Although Rocket Lawyer is not a law firm, they do partner with local independent attorneys underestimate rather
around the country and can set up a free 30-minute consultation. With Rocket Lawyer, you’ll have than overestimate
access to these services:
your expenses.
• Extensive legal documents library online • Attorney phone consultations
• Attorney question & answers • Discounts on attorney fees

For More Information on Rocket Lawyer
Visit go.rocketlawyer.com/westmark to create a document and use the Explore tab on your account home screen
to browse the document library.
To contact a Rocket Lawyer representative call us at (877) 881-0947 or email benefitssupport@rocketlawyer.com.

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