WageWorks® HSA-Compatible FSA
Maximize your tax savings with both an HSA and a Limited Purpose Flexible Spending Account. If you have a high deductible health plan, an HSA-Compatible FSA is a great way to save money for healthcare expenses this year.
REMINDER: All claims and any required verifications of FSA benefit card transactions must be submitted by March 31 following the end of the plan ye
Easy to Use, Easy to Save
Limited Purpose FSA with Carryover
A WageWorks® Limited Purpose Flexible Spending Account (FSA) is a type of Healthcare FSA lets you carry over up to $500 in account balances from one plan year to the next. Unclaimed balances greater than $500 on March 31, are still subject to forfeiture. Plan ahead and save!
If you’re enrolled in a qualified high-deductible health plan (HDHP) and have a Health Savings Account (HSA), you can maximize your savings with a WageWorks® HSA-Compatible Flexible Spending Account (FSA). This pre-tax benefit account helps you save on this plan year’s eligible out-of-pocket dental and vision expenses while taking advantage of the long-term savings power of an HSA.
The WageWorks® Healthcare Card is the quick and easy way to pay for HSA-Compatible vision and dental expenses using your WageWorks Limited Purpose healthcare benefit account. You’ll love the swipe-and-go convenience of this preloaded debit card. Use it to pay for dental office visits, braces, contacts, buy a new pair of glasses, and more!
Your WageWorks Health Care Card is only for use at health care providers and pharmacies and general merchandise stores that have an IRS-approved system that can identify FSA eligible items at the register. In most instances, your Card transaction will be automatically verified at checkout, which means you will not have to submit a receipt to WageWorks after the transaction. You are, however, required to keep each receipt for tax purposes, and in the event it is needed for verification. If you fail to substantiate your expense or otherwise repay your FSA, the amount of any remaining unsubstantiated transactions will be imputed to you as taxable income, and taxes will be withheld from a future paycheck.
Why use your WageWorks Healthcare Card?
If you are First Time User, please go to the Register Now
To access your existing account, please go to the WageWorks Employee Portal.
You can link directly to the WageWorks Employee Portal site through NetBenefits without entering a separate password.
If you are newly eligible, please go to NetBenefits to enroll in benefits