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DISABILITY INSURANCE FLEXIBLE SPENDING ACCOUNTS

CIGNA | VOLUNTARY SHORT TERM DISABILITY (CALIFORNIA AND NEW JERSEY) You can set aside money in Flexible Spending Accounts (FSAs) before taxes are deducted to pay for certain health and dependent
The PFE Group offers you the opportunity to purchase Short Term Disability (STD) to provide income replacement if you become care expenses, lowering your taxable income and increasing your take home pay. Only expenses for services incurred during the
disabled due to accident, sickness or pregnancy, through Cigna. If you experience a temporary disability, benefits will begin plan year are eligible for reimbursement from your accounts. You choose how you would like to pay for your eligible FSA expenses.
immediately after the start of an accident and 7 days after the start of a sickness or pregnancy and will continue up to a maximum Please remember that if you are using your debit card, you must save your receipts, just in case TASC needs a copy for verification.
of 13 weeks. State disability plans provide a benefit set by the state. This plan pays in addition to any disability plans to provide an Also, all receipts should be itemized to reflect what product or service was purchased. Credit card receipts are not sufficient per
additional 20% of your pre-disability earnings up to a maximum benefit of $1,000 per week. Pre-existing condition limitations apply. IRS guidelines.

HEALTH CARE SPENDING ACCOUNT (HCSA)
CIGNA | VOLUNTARY SHORT TERM DISABILITY (ALL OTHER STATES) This plan is used to pay for expenses not covered under your Medical, Dental, and Vision plans, such as deductibles, coinsurance,
The PFE Group offers you the opportunity to purchase Short Term Disability (STD) income replacement at discounted group rates, copays and expenses that exceed plan limits. You may defer up to $2,650 pre-tax per year.
through Cigna. If you experience a temporary disability, benefits will begin immediately after the start of an accident and 7 days LIMITED HEALTH CARE SPENDING ACCOUNT (L-HCSA)
after the start of a sickness or pregnancy and will continue up to a maximum of 13 weeks. STD works with state disability programs,
Social Security, and any other group disability coverage, to provide you with a combined weekly benefit equal to 60% of your pre- Available to Health Savings Account Banking participants:
disability earnings up to a maximum benefit of $2,000 per week. Pre-existing condition limitations apply. If you are enrolled in the HSA medical plan and have opened and are contributing to a Health Savings Account, you may also
elect the L-HCSA. This plan is much like the Health Care Spending Account described above, however, under the L-HCSA, you’re
limited to qualifying Dental and Vision expenses ONLY while preserving your HSA funds for Medical expenses. You may defer up
CIGNA | VOLUNTARY LONG TERM DISABILITY to $2,650 pretax per year.
The PFE Group offers you the opportunity to purchase Long Term Disability (LTD) income replacement at discounted group rates, DEPENDENT CARE ASSISTANCE PLAN (DCAP)
through Cigna. If you become totally and permanently disabled, benefits begin 3 months after the start of your illness or injury and This plan is used to pay for eligible expenses you incur for child care, or for the care of a disabled dependent, while you work.
will continue as long as you remain disabled up to age 65 (see contract for limitations). LTD works with state disability programs, You may defer up to $5,000 pre-tax per year (or $2,500 if you are married but file taxes separately).
Social Security, and any other group disability coverage, to provide you with a combined monthly benefit equal to 60% of your
pre-disability earnings to a maximum benefit of $15,000 per month. Pre-existing condition limitations apply.
ACCESSING YOUR FSA:
• Online: Create an online account at www.tasconline.com. You can view transaction status’, upload
receipts, and much more. The site is secure and fully encrypted for your protection.
• Smart Phone: Download MyTASC FREE Mobile App and submit substations using your phone’s camera
to take a picture of receipts and forms.

FSAs offer sizable tax advantages. The trade-off is that these accounts are subject to strict IRS regulations, including the use-it-or-
lose-it rule. According to this rule, you must forfeit any money left in your account(s) after your expenses for the year have been
reimbursed. The IRS permits an FSA grace-period of two months and 15 days following the end of the plan year to help you if your
expenses fall a little short of expectations. During the grace period, you may incur expenses and use the funds remaining in your
account to cover these expenses. We recommend that you carefully estimate your planned expenses based on our 12 month FSA
plan year. If you are unable to estimate your health care and dependent care expenses accurately, it is better to be conservative
and underestimate rather than overestimate your expenses.

EDUCATIONAL VIDEO
Click here to watch a quick video to learn the basics of how Flexible Spending Accounts work..

FLEXIBLE SPENDING ACCOUNTS
http://video.burnhambenefits.com/fsa/

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