FSA

Compare: Medical FSA and Dependent Care FSA - BRI | Benefit Resource

Flex Spending Accounts (FSA)

Vendor will be changing to HSA Bank Effective January 1st 2024.

For those of you currently with WEX, you will use them until your run out period for claims which is March 31, 2024.
New contributions will be sent to HSA Bank for 2024.

Medical FSA	Dependent Care FSA
Why should I choose a medical care FSA?	Why should I choose a dependent care FSA?
Funds are contributed tax-free Funds are available on the first day of the plan year Medicare Part A eligible	Pre-tax benefit account used to pay for eligible dependent care services including elder care. Contributions lower your taxable income providing instant savings.

Medical and Dependent Care FSAs

To access your personal WEX account login at wexhealth.com

*March 31, 2024 - deadline to submit claims for 2023

Contribution Limits & IRS Regulations

The IRS sets the maximum dollar amount you can elect and contribute to a medical flexible spending account (medical FSA) and dependent care FSA.

The 2023 FSA annual contribution limit is:

Flexible Spending Accounts (FSA) - isolved Benefit Services

What Can You Expense?

Flexible Spending Account: Eligible Expenses

There are thousands of eligible procedures, items and expenses based on your plan. View WEX's interactive list of eligible FSA & HSA expenses at https://www.wexinc.com/insights/benefits-toolkit/eligible-expenses/

Shop the FSA Store to unlock instant savings!