Flexible Spending Account Administrator

Flores and Associates

Flores and Associates听offers advantages in how employees can view as well as manage theirMedicalandDependent Careflexible spending accounts (FSAs). Notifications are sent via email and/or via mail regarding claims, balances, and if receipts are needed for approval of transactions.

2025 Information

The annual maximum contribution amount for theMedical FSAeffective January 1, 2025 will be听$3,300. This limit is per participant and not per household. Therefore, if an employee and their legal spouse both participate in their respective employer鈥檚 FSA plans, they may have a combined household pre-tax contribution of $6,600 for the taxable year but neither may contribute more than the $3,300 per person pre-tax limit (e.g. one cannot contribute $3,100 and the other contribute $3,500).听 In addition, you cannot submit/use the accounts for the same expense.The annual maximum contribution amount for Dependent Care FSAis $5,000.

Summary Plan Description

Forms


Contact Customer Service

Need Help?听Call Customer Service, toll-free, at 800-532-3327, weekdays 8:30 a.m. to 5:00 p.m.听eastern time.

FSA Qualified Expenses Guide

  • View the medical flexible spending account 听and .
  • View the dependent care flexible spending account .

Flexible Spending Account Grace Period

Thegrace periodbeginsJanuary 1st and ends March 15thfollowing completion of the calendar year. The grace period provides more time to spend the funds in the flexible spending account. Any unused amounts not submitted for reimbursement byMarch 31stwill be forfeited. Eligible expenses incurred during the grace period (January 1st through March 15th) and approved for reimbursement will be paid first from available amounts that were remaining on December 31st of the previous year and then paid from any available amounts for the current Plan Year.

Example:If you elected $1,000.00 for medical expenses for Plan Year 2022 and have a balance of $200.00 on December 31, 2022, you can submit qualified expenses incurred between January 1, 2023 and March 15, 2023 for reimbursement of the remaining balance.

FSA Additional Information






Please call the Office of Human Resources at ext. 5560 if you have questions regarding the flexible spending program.