The Easy Answer to Savings Is a take care by WageWorks HSA-Compatible FSA with Grace Period
If you’re enrolled in a qualified high-deductible health plan and have a Health Savings Account (HSA), you can maximize your savings with a take care® by WageWorks HSA-Compatible Flexible Spending Account (FSA). This pre-tax benefit account gives you the long-term savings power of an HSA and lets you use a Healthcare FSA specifically for this year’s eligible out-of-pocket dental and vision expenses. With this particular type of HSA-Compatible FSA, you have a grace period of up to 2½ months after your plan year ends during which you can spend down money left in your account.
“I get the best of both worlds with my take care by WageWorks HSA-Compatible FSA. I save on this year’s dental and vision expenses, and I save for my future healthcare expenses with my HSA. And I use one convenient payment card for both accounts. Saving money has never been easier!”
- A happy take care by WageWorks HSA-Compatible FSA participant
Why You Need It