Flex Spending

Healthcare/Medical

A Flexible Spending Account (FSA) is a special account you put money into that you use to pay for eligible medical, dental, and vision care expenses that are not covered by your health care plan or elsewhere. You don’t pay taxes on this money, which means you’ll save an amount equal to the taxes you would have paid on the money you set aside.

• You may contribute up to $3,050 per year and these funds do not rollover into the next insurance year, so funds not used by the end of the insurance year may be lost.
• An FSA must be re-elected each year during open enrollment.
• 10-month hourly staff FSA elected amounts are deducted over 17 Pay Dates (Sept 30th - May 31st)

Dependant Care

A Dependent Care Flexible Spending Account (DCFSA) is a pre-tax benefit account used to pay for eligible dependent care services, such as preschool, summer day camp, before or after school programs, and child or adult daycare. The money you contribute to a Dependent Care FSA is not subject to payroll taxes, so you end up paying less in taxes and taking home more of your paycheck.

The current maximum amount you can put into your DCFSA for the year is $5,000 for individuals or married couples filing jointly, or $2,500 for a married person filing separately.
These funds do not rollover into the next insurance year, so funds not used by the end of the insurance year may be lost.

A DCFSA must be re-elected each year during open enrollment.
10-month hourly staff FSA elected amounts are deducted over 17 Pay Dates (Sept 30th - May 31st)