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What’s covered under my FSA?

Eligible/Ineligible Expenses List
Special Rules for Orthodontia and OTC Drugs and Medications

What are Qualified Transit and Parking Expenses?

Only expenses for work-related parking or mass transit for employees may be paid through the plan. Expenses for family members may not be paid.

“Parking” is defined as parking provided to an employee on or near the business premises of the employer or on or near a location from which the employee commutes to work by transportation for which a transit pass is used (i.e.; bus, RTA). Such term shall not include any parking on or near property used by the employee for residential purposes.

“Mass Transit” is defined as a bus, railway, subway, ferry, tramcar or streetcar, either publicly or privately owned that is used for transportation to and from work.

How do I use the BASIC Prepaid Benefits Card to pay for transit and parking expenses?

Use your BASIC Prepaid Benefits Card to pay for transit passes purchased through your transit provider. The Card will only work for transit passes purchased at transit vendor locations such as a farepass kiosk, the transit authority ticket office or online pass purchases. The easiest way to buy transit passes is online at your transit provider’s website.

Use the BASIC Prepaid Benefits Card to pay for parking expenses at qualified locations.

Can I be reimbursed for Parking expenses?

Yes, parking participants may be reimbursed directly for parking expenses when the BASIC Prepaid Benefits Card cannot be used. For direct reimbursement, employees must submit a claim form and a receipt or statement from the parking facility that indicates the amount and date of the expense. Documentation of the expense must be attached unless you certify that a receipt is not provided by your parking facility in its ordinary course of business (i.e. metered parking, unattended daily lots, etc.)

Transit expenses can be paid only with your BASIC Prepaid Benefits Card; direct reimbursement is not permitted.

Carryover provision for  Medical FSA plans

For all plan years beginning in 2020, the amount that employers may allow employees to carryover from one plan year to the next will be indexed in step with the maximum salary reduction amount permitted each year. This means that $550 may be carried over from a plan year starting in 2020 to the following plan year beginning in 2021.

Frequently asked questions about using the FSA plan.

FSA FAQs

How do I access my FSA funds?

Use your BASIC Prepaid Benefits Card to pay for expenses at the point of purchase, or submit claims to get reimbursed directly.

How do I use my BASIC Prepaid Benefits Card?

Your debit card will be loaded with your full annual election at the beginning of your Plan Year. You can use your BASIC Benefits Card to pay for expenses after the first date of the plan. You cannot use your card to pay for previous year’s expenses.

Do I get a new debit card every year?

No, your debit card is good until the expiration date listed on the front of the card. Please keep your debit card until that date. New debit cards will automatically be issued to you before the expiration date.

Use this cool tool to estimate how much you can save using the FSA plan.

Savings Calculator

What is the deadline to submit a claim?

Active employees have 90 days after the last day of the Plan Year to submit claims for expenses incurred in the prior year. For example, if your Plan Year ends December 31st, you will have until March 31st of the following year (90 days) to mail, fax or email your claim(s) to our office. Any claims after that date will not be accepted.

Payroll Frequency

This describes how often you get paid and the number of times that your FSA deduction will be taken from your check throughout the plan year.

Per Pay Deduction

This is the amount you choose to have withheld from each paycheck.

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