2023 Healthcare FSA

A few benefits of the healthcare FSA. Benefit limits as of 2023. Confidential unpublished property of EBS. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel.

THE BENEFITS OF A Healthcare Flexible Spending Account WHY ENROLL? You can save an average of 30% on healthcare services with a Flexible Spending Account. This account will ELIGIBLE EXPENSES reduce your overall tax burden, plus You can use your Healthcare FSA for funds are conveniently withdrawn from eligible expenses only. These expenses your paycheck each pay period before include copays, prescription and over- taxes have been deducted. the-counter medications, eyeglasses, and any other expenses that apply toward your deductible. HOW TO USE FUNDS You can use your FSA debit card at the point of sale to pay for items, or you can submit CALCULATE YOUR SAVINGS your receipts for Use the FSA Feds Savings reimbursement through your Calculator to estimate how much carrier's member portal. you and your family can save by contributing to an FSA Calculate My Savings CONTRIBUTIONS You can contribute up to $3,050 per year per employee to your FSA. You LIMITATIONS may rollover up to $610 in unused funds You may only use funds on eligible annually. Your full election is available to medical, dental, and vision expenses, and use beginning on the first day of your your funds cannot be used to pay plan year. premiums for these benefits.