Flexible Spending 101
What is a flexible spending account
A flexible spending account consists of money you
set aside from your pay to meet certain expenses
What kinds of flexible spending accounts are available
Health Care FSA
Dependent Care FSA
Health Care FSA
Out-of-pocket expenses not met
by health insurance
For example, deductible amounts, co-payments,
health care or costs not covered by the plan
How does a flexible spending
account work
Contribute a portion of your pay each pay period

Submit claims for reimbursable expenses

Receive reimbursements from Ceridian
What are the advantages of
a flexible spending account
Savings through pre-tax contribution/deduction

Financial discipline through setting income
aside for expenses you know you will incur
Dependent Care FSA
Child or senior care

Before- or after-school programs
How do you establish a flexible
spending account
Decide what kind of FSA you need - Health or Dependent Care or both

Determine a total, annual amount - remember the "use it or lose it" rule

Complete the enrollment form

Give the form to HR
To Learn How to Profit from Flex Spending, watch the next video 'Flex Spending in the LASIK & Premium IOL Practice'
Fast Track Marketing
Brandi Musgrave 
303-447-9192