Questions pertaining to cafeteria plans and flexible spending accounts (FSA)
- What is a flexible spending account (FSA) plan?
- How does my net pay increase by participating in a cafeteria plan?
- Does participating in a cafeteria plan reduce my Social Security benefits when I retire?
- What is a Flexible Spending Account (FSA)?
- How do I benefit from participating in an FSA?
- Does it save me more money to use a dependent care FSA or to receive the dependent care credit on my tax return?
- What is the maximum amount of money I can elect annually for an FSA?
- What is the Plan Year?
- What is the Claim Period?
- What if I am not billed for an expense until after the end of the claim period?
- Can I change my election after the plan year starts?
- What happens if there is money left in my account at the end of the claim period after all my eligible expenses have been reimbursed?
- How do I find out the balance of my medical and dependent care FSAs?
- What happens if I leave my place of employment while participating in an FSA?
- Who is considered a dependent?
- What expenses are eligible for reimbursement from an FSA?
- How do I get reimbursed for my expenses?
- How often will my claims be reimbursed?
- Can I be reimbursed for a service that has been provided although I have not yet paid the bill?
- How are orthodontic expenses reimbursed?
- How do I track my account(s) online?
- What is a Flex Card and how does it work?
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