Here are some of the ways an FSA can help you:
- Setting aside a portion of your pay with an FSA reduces your annual taxable income and makes it easier to pay for out-of-pocket health expenses.
- The full amount you set aside for your calendar FSA contribution is available on your first day of coverage for expenses.
- Your FSA helps you pay for deductibles, copays, coinsurance, dental, vision, and many other expenses (see our eligible expenses list).
- You can use your FSA for your or your dependent’s health care expenses, even if they are not enrolled in your PEBB medical or dental plan.
Calling all union-represented employees, did your employer give you $250 for an FSA? Read this FAQ for more information!