Benefits forBeaufort County Government

Flexible Spending Accounts (FSA)

MEDICAL

FLEXIBLE SPENDING ACCOUNT

 

THE MEDICAL FLEXIBLE SPENDING ACCOUNT (FSA) CAN REIMBURSE YOU FOR ELIGIBLE EXPENSES YOU OR YOUR ELIGIBLE DEPENDENTS HAVE INCURRED THAT ARE NOT PAID BY YOUR EXISTING HEALTH CARE PLAN.

 

ELIGIBLE EXPENSES

  • Medical co-payments, co-insurance and deductibles
  • Routine wellness visits
  • Prescription expenses
  • Vision expenses (including eye exams, eyeglasses and contact lenses)
  • LASIK surgery
  • Dental expenses (excluding cosmetic procedures)
  • Orthodontia payments
  • Hearing expenses
  • Prescribed over-the-counter items

 

YOUR STEPS TO SAVINGS!

  1. REALIZE THE TAX SAVINGS
    • You can set aside pre-tax money into an account to be reimbursed for eligible medical expenses. Savings will depend on your tax bracket.
  2. ESTIMATE YOUR EXPENSES
    • Plan for your upcoming expenses and include your spouse and dependents, if eligible. A brief list of expenses can be found to the right. A comprehensive list of allowable expenses and an expense worksheet can be found at www.flores247.com.
  3. ENROLL AND MANAGE YOUR ACCOUNT
    • Speak with your Benefits Representative during the Enrollment Period, or see the enrollment instructions in this booklet. Flores will mail a custom Participant ID number to your home address to help you manage your account.

 

 

DEPENDENT CARE

FLEXIBLE SPENDING ACCOUNT

 

THE DEPENDENT CARE FLEXIBLE SPENDING ACCOUNT (FSA) CAN REIMBURSE YOU FOR DAY CARE EXPENSES PROVIDED FOR YOUR DEPENDENTS SO THAT YOU (AND YOUR SPOUSE, IF YOU ARE MARRIED) CAN WORK. CARE MUST BE FOR A DEPENDENT CHILD UNDER AGE 13 OR A DEPENDENT OF ANY AGE THAT LIVES IN YOUR HOUSEHOLD THAT IS INCAPABLE OF SELF-CARE.

 

ELIGIBLE EXPENSES

  • Preschools
  • Before and after school care
  • Day camps

INELIGIBLE EXPENSES

  • Overnight camps
  • Tuition / kindergarten & educational expenses
  • Regular fees not applied to care of child

 

YOUR STEPS TO SAVINGS!

 

REALIZE THE TAX SAVINGS

You can set aside pre-tax money into an account to be reimbursed for eligible dependent childcare expenses. Savings will depend on your tax bracket. For example, if you are taxed at 25% and you enroll for $5,000 you would save $1,250 in taxes.

 

ESTIMATE YOUR EXPENSES

Plan for your upcoming expenses. A brief list of expenses can be found to the right. A comprehensive list of allowable expenses and an expense worksheet can be found at www.flores247.com.

 

ENROLL AND MANAGE YOUR ACCOUNT

Speak with your Benefits Representative during the Enrollment Period, or see the enrollment instructions in this booklet. Flores will mail a custom Participant ID number to your home address to help you manage your account