Flexible Spending Account

A Flexible Spending Account (also known as a flexible spending arrangement) is a special account you put money into that you use to pay for dependent daycare and certain out-of-pocket health care expenses.

What are the benefits of a flexible spending account?
By putting this money aside pre-tax the participant pays no Federal, FICA or State taxes on the amount deducted from his/her pay. Through the use of FSAs, participants can pay their out-of-pocket health care and/or dependent daycare expenses using pre-tax dollars.

Reimbursement for medical, dental, prescriptions and daycare expenses are made easy through your individual FLEX account! Simply fill out a claim form as the expenses occur and you will be reimbursed either by direct deposit (you must set up for this) or by check through the mail.

Our Flexible Spending account is through:

American Fidelity
www.americanfidelity.com

Forms can be accessed at the above direct link or you may call direct for reimbursement.

Flexible Spending Account planning worksheet - How much should I set aside?

To learn more and enroll, contact Jennifer Dale at Jennifer.Dale@americanfidelity.com or (866) 576-0201.

 

 

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