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Your Health Care FSA
Upon enrollment, your employer deposits the total amount you chose to contribute into your Health Care FSA. You then pay your account back throughout the plan year from your pre-tax contribution taken from each paycheck. Once the money is deposited into your account, it is immediately yours to spend whenever you choose during the plan year, on a wide range of health care needs like those listed in the eligibility list.
Convenient payment options make it easy to use the money in your account. Just swipe the Health Care Card where accepted to pay for eligible goods and services. Or use Pay My Provider to make direct payments online - and even schedule automatic payments for regular appointments like the orthodontist. You can also file a claim online or use the Pay Me Back paper claim form when you do pay out of pocket to send in traditional claims for quick reimbursement.
Your Dependent Care FSA
A dependent care account is a great way for you to save money on eligible dependent care expenses, such as preschool, daycare and elder care, so you can work. Unlike the Health Care FSA, your Dependent Care FSA is funded incrementally during the plan year from the amount you contribute tax-free from each paycheck. Even if your account is not sufficiently funded, you can still submit claims for dependent care whenever you choose throughout the plan year. Reimbursements are paid based on your balance at the time the claim is approved.
Choose what works best for you
You can enroll in one or both FSA accounts:
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Health Care spending account |
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Dependent Care spending account |
Your participation in the FSA program is always voluntary — but you must sign up each year to take advantage of all it has to offer.
Easy as a debit card
Wondering if an FSA might be a hassle? Don't worry - it's not. This program is built for maximum convenience, from on-the-spot access with the WageWorks Health Care Card, to great timesaving features like direct payments to providers and easy online tracking. |
