26 employees reported this benefit
The Healthcare FSA lets you set aside up to $2,550 in pre-tax money to pay for eligible out-of-pocket healthcare expenses (including deductibles, copays and coinsurance) for things like eyeglasses and orthodontia. Depending on which medical plan you choose, you may be able to enroll in a Healthcare FSA or a Limited Purpose Healthcare FSA.
If you have dependent care expenses, a Dependent Day Care FSA lets you save pre-tax money to reimburse yourself for eligible dependent care or elder care expenses so that you can go to work or school. In 2016, you can contribute up to $4,992 for the year, or $2,496 if you are married and filing separate tax returns. You can then use the money in your account to pay for eligible expenses incurred during the calendar year.
This is available depending on the health insurance plan chosen. One has an HSA the company contributes to ($250 for individual or $500 for couple/family). One has an HSA only you contribute to. And one has an HRA.