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2012 Flexible Spending Accounts Pennsylvania State System of Higher Education Reference Guide Pennsylvania State System of Higher Education (Passé) Important Dates to Remember Your Open Enrollment

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What is flexible spending accounts?

Flexible Spending Accounts (FSAs) are accounts that allow employees to set aside pre-tax dollars to pay for eligible healthcare and dependent care expenses.

Who is required to file flexible spending accounts?

Employees who have opted for a Flexible Spending Account (FSA) through their employer's benefits program are required to file flexible spending accounts.

How to fill out flexible spending accounts?

To fill out flexible spending accounts, employees need to provide their eligible healthcare and dependent care expenses receipts along with the necessary claim forms provided by their employer or FSA administrator.

What is the purpose of flexible spending accounts?

The purpose of flexible spending accounts is to allow employees to use pre-tax dollars to pay for eligible healthcare and dependent care expenses, thus reducing their taxable income and saving money.

What information must be reported on flexible spending accounts?

Flexible Spending Accounts (FSAs) require employees to report their eligible healthcare and dependent care expenses, including receipts and documentation supporting these expenses.

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