If your employer offers Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), or Commuter Benefits, you may be wondering how much you can save, what expenses are eligible, and how easy are they to use.
Consumer-Directed Benefits, or CDBs, are designed to give you a tax break and help you save money on expenses that you’re currently paying for out of pocket. These programs enhance the benefits package offered by your employer.
Enrolling in CDBs is completely optional. Your employer offers them for these key reasons:
Ready to start saving? Simply sign up during your Open Enrollment period. Contact your HR representative or benefits administrator to find out when Open Enrollment begins.