There are two options available: The Dependent Care Reimbursement Plan for dependent care expenses and the Healthcare Flexible Spending Account for health-related expenses .
The provider for both plans is Total Administrative Services Corporation (TASC).
Healthcare Flexible Spending Account
The Healthcare Flexible Spending Account (HFSA) allows you to stretch your budget further. The HFSA is a voluntary pre-tax benefit plan that allows you to set aside money from your paycheck to be used to pay the out-of-pocket medical, prescription, dental and vision expenses that you and your eligible dependents incur.
You never pay taxes on the money you put into your account, giving you more bang for your buck when you use pre-tax money to reimburse qualified healthcare expenses.
How does it work?
After enrollment, you will receive a TASC Card. Use your TASC Card to pay for eligible expenses at the point of purchase instead of paying out-of-pocket and requesting a reimbursement.
Selecting an Election Amount
Four factors to keep in mind when selecting an election amount:
- Your total election amount is available on May 1, so the HFSA can help regulate your healthcare spending and take care of the unexpected expenses along the way.
- The minimum annual election amount is $240, and the maximum is $2,550.
- As an HFSA participant, you have a 90-day period (May 1 - July 31) to file claims and request reimbursement for expenses incurred prior to the end of the HFSA Plan Year.
- Contributions are based on 24 pay periods.
Rollover
The HFSA maximum rollover amount has increased to $500. If you re-enroll for a new HFSA account for plan year. The minimum amount of rollover is $50. Any amount left above $500 will be forfeited.
If you have funds remaining but do not enroll, if you are an active employee, you will qualify for the rollover as well.
Dependent Care Reimbursement Plan
Dependent Care Reimbursement Plan (DCRP) enrollment is held November 6 - 27, 2023. Plan changes are effective anuary 1, 2024 – December 31, 2024. The maximum contribution for DCRP for 2023 is $5,000 (family); $2,500 (married filing separately).
Facts about the Dependent Care Plan:
- Children 13 years of age who reside with you for more than ½ the calendar year to be eligible
- The plan also allows for adult care such as a parent or spouse who is not able to care for themselves and who resides in your home for a minimum of 8 hours a day
- Maximum of $5,000 per household
- Calculate 24 paychecks beginning January, 2024 to pay off your pledge
- You may not switch funds from your Dependent Care to a Health Flexible Spending
View the Dependent Care Reimbursement Plan presentation for more information.
| Minimum contribution | $500.00 a year |
| Maximum contribution | $5,000.00 (married filing jointly/single parent) a year $2,500 (married filing separately) a year |
| Plan year | January 1, 2024 – December 31, 2024 |
| Incur claims | January 1, 2024 – December 31, 2024 |
| Deadline to file claims | March 31, 2025 |
| Administrator | Total Administrative Services Corporation |
How do I manage my Flexible Spending Accounts?
TASC’s web and mobile tools ensure easy access, account management, and benefit fund security for you.
TASC Universal Benefit Account
Your one-stop online access to all enrolled accounts includes:
- TASC Card lock — lock your card in case of loss
- Pay the provider
- Email alerts
- Seamless account management
- TASC Wallet
TASC Mobile App
Track and manage all TASC benefits and access helpful tools, anywhere and anytime—with just one app! The TASC mobile app includes special features that make it easy to keep TASC accounts safe and secure.
- TASC Card lock — lock your card in case of loss
- Fingerprint (touch ID) and facial recognition
- Picture to pay
- Expense eligibility check
- Mobile alerts
- Seamless account management
- TASC wallet
| Minimum contribution | $240.00 a year |
| Maximum contribution | $2,550 a year |
| Plan year | May 1, 2023 - April 30, 2024 |
| Incur claims | May 1, 2023 - April 30, 2024 |
| Deadline to file claims | July 31, 2024 |
| Administrator | Total Administrative Services Corporation |
Flexible Spending Plan Documents
- TASC Dependent Care Contract
- HFSA Eligible Expenses
- TASC Card Experience
- TASC Mobile App Guide
- TASC Mobile Experience
- TASC Prescription Order Form
- Beneshop Flyer
- Receipt Repository
- Beneshop Info
- TASC New Benefit Info 2023
Dependent Care Reimbursement Plan Documents
After enrollment, you will receive a TASC card to pay for eligible expenses.
