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Your Federal Flexible Spending Account Program (FSAFEDS) account can help you tackle the cold & flu so you can enjoy all the wonders of the season. The list of eligible Health Care Flexible Spending Account (HCFSA) expenses is growing - check out these popular expenses.
FSAFEDS allows you to save money for health care expenses with a Health Care or Limited Expense Health Care FSA. Think of it as a savings account that helps you pay for items that typically aren’t covered by your FEHB Plan, the Federal Employees Dental and Vision Insurance Program, or other health insurance coverage.
1. Dependent Care Flexible Spending Account (DCFSA): − Reimburses eligible non-medical day care and elder care for your children under age 13 and any dependents on your Federal tax return who are incapable of self-care and live with you for at least half of the year. 2. Health Care Flexible Spending Account (HCFSA):
The Federal Flexible Spending Account Program (FSAFEDS) is sponsored by the U.S. Office of Personnel Management and administered by HealthEquity, Inc. Toll-free Phone: 877-FSAFEDS (372-3337)
Flexible Spending Accounts for Federal Employees (FSAFEDS) offers two different flexible spending accounts (FSAs): a health care flexible spending account, and; a dependent care flexible spending account. An open season is held each year at the same time as the Federal Employees Health Benefits open season (the November/December timeframe ...
A Health Care FSA (HCFSA) is a pre-tax benefit account that's used to pay for eligible medical, dental, and vision care expenses - those not covered by your health care plan or elsewhere. It's a smart, simple way to save money while keeping you and your family healthy and protected.
A Flexible Spending Account (FSA, also called a “flexible spending arrangement”) is a special account you put money into that you use to pay for certain out-of-pocket health care costs.
Enroll in a FSAFEDS account at www.FSAFEDS.com (external link) Eligible employees can enroll in FSAFEDS each year during the Federal Benefits Open Season (the November/December timeframe). Open Season enrollments are effective January 1 of the following year.
FLEXIBLE SPENDING ACCOUNTS. More than 475,000 Feds use pre-tax dollars to save an average of 24% on their family's health care and dependent care expenses. When your insurance only covers part of an expense, or doesn’t cover it at all, you’re stuck with the bill.
Flexible Spending Accounts for Federal Employees (FSAFEDS) offers two different flexible spending accounts (FSAs): a health care flexible spending account, and a dependent care flexible spending account.