Flexible Spending Accounts
Flexible Spending Accounts (FSA) offer a money-saving way to pay for eligible medical and dependent day care expenses with pre-tax money from your paycheck. FSAs are a type of employee benefit that comes from Section 125 of the Internal Revenue Code. Take advantage of this benefit during enrollment. You simply choose the deduction amount and funds are availalbe for eligible expenses throughout the year.
There are two types of plans:
Medical Flexible Spending Accounts (Medical FSA)
Use pre-tax dollars to pay for eligible medical expenses.
Dependent Day Care Accounts (Dependent Care FSA)
Use pre-tax dollars to pay for eligible dependent care expenses.
Our account services include:
Daily processing of claims
Direct deposit of reimbursements
Toll-free fax number for claim submissions
24/7 online access to flex forms
Secure online access to your account balance, deposit and payment information
Interested in Flexible Spending Accounts?
Ask about benefits through First Financial where you work.