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Flexible Spending Accounts - FSA
A Flexible Spending Account (FSA) allows you to set aside dollars from your paycheck - before you pay taxes. By setting aside money from your paycheck before taxes are calculated, you lower your taxable wages. You then use these tax-free dollars to pay for eligible expenses, saving you up to 40 percent of your family's out-of-pocket health care and dependent care expenses.
Reimbursable expenses can include:
- Co-Pays, deductibles and prescription drugs
- Expenses not covered by insurance
- Dental services and orthodontics
- Eyeglasses, contacts, solutions and eye surgery
- Child care expenses
- Over the Counter Drugs
Contact BBDi to learn more about Flexible Spending Accounts.
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