Flexible Spending Account

Healthcare Flexible Spending Account

with Carry Over 

A WageWorks® Healthcare Flexible Spending Account (FSA) is a pre-tax benefit account used to pay for eligible medical, dental, and vision care expenses that aren’t covered by your insurance plan.

Why You Need It

• Save an average of 30% on eligible healthcare expenses
• Carry over up to $500 from one plan year to the next there’s virtually no risk of losing your 

  hard-earned money

• Access the full amount of your account on day one of your plan year

How It Works

Simply decide how much to contribute, and funds are withdrawn from your paycheck for deposit into your account before taxes are deducted. Your total annual election amount is available on day one of your plan year.
This new Healthcare FSA lets you carry over up to $500 in account balances from one plan year to the next. With far less risk of “use it or lose it,” there’s no reason not to take advantage of the tax savings this year and every year.

How You Manage It

With a variety of payment and reimbursement options, your WageWorks
Healthcare FSA is easy to use. The convenient WageWorks Healthcare Card associated with your account can be used to pay for hundreds of eligible healthcare products and services for you, your spouse, and your dependents.
Manage your account via a secure website on any computer or mobile device connected to the Internet or via the WageWorks EZ Receipts® app.
You can contribute up to a maximum of $2,600 to your WageWorks Healthcare FSA. A different limit may apply to you, according to your employer’s plan.

How You Get It

Ready to save? Sign up for a WageWorks Healthcare FSA during your Open Enrollment period. Contact the person or organization managing your benefits enrollment today!

Save Big with a WageWorks Healthcare FSA

If you make $60,000 a year and make the maximum contribution to your WageWorks® Healthcare FSA, you could take home $780 more in one year. That’s real savings!