FSAs are accounts in a cafeteria plan through which a participant is reimbursed on a tax-exempt basis, for health care or dependent care expenses. Employees can elect to have a portion of their salary, each pay period, deducted from their payroll check on a pre-tax basis. Employees may elect up to the employer and IRS designated limit per calendar year. The participant must be able to claim the dependents as an exemption for federal tax purposes in order to qualify. Assisting with open enrollment.
Monthly management reports.
Summary plan description. Assistance with plan document. Monthly management reports . Email or phone consultation. Administration on Dependent Care Account Flexible Spending Account Implementation guidance.