Flexible Spending Account (FSA)
A Flexible Spending Account allows you to set aside pre-tax dollars for eligible healthcare and dependent care expenses, reducing your overall taxable income.
Overview
- Available to all full-time employees (FTE)
- Contributions are deducted from your paycheck on a pre-tax basis
- Managed through WageWorks / Health Equity
- Funds can be used to pay for eligible out-of-pocket expenses not covered by insurance
FSA Account Types
Healthcare FSA
Use pre-tax dollars for eligible medical, dental, and vision expenses including copays, deductibles, prescriptions, and more.
Dependent Care FSA
Set aside pre-tax funds for eligible dependent care expenses such as daycare, after-school programs, and elder care services.
How It Works
- During enrollment, you elect an annual contribution amount
- Your contributions are deducted evenly from each paycheck, before taxes
- Use your FSA funds to pay for eligible expenses throughout the plan year
- Submit claims or use your benefits debit card for reimbursement
Important: FSA funds are generally "use it or lose it" -- be sure to plan your contributions carefully. Contact HR for details on any grace period or rollover provisions that may apply.
Enrollment & Contribution Limits
Contact hr@blackinkservices.com for current contribution limits and to enroll in the FSA program.
Manage Your Account
Access your FSA account, check balances, and submit claims through WageWorks / Health Equity.
Go to WageWorks