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Get the free FLEXIBLE SPENDING ACCOUNT WORD GLOSSARY

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Padmin.com for more information. Eligible expense - items that are reimbursable under the FSA Plan are classified as eligible expenses according to IRS rule. Business hours are Monday through Friday 8 30 a.m. to 8 00 p.m. EST. HEALTH CARE REFORM AND ITS IMPACT ON YOUR FSA In March of 2010 President Obama signed the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010. You can also submit claims through our electronic options see page 5 for...
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A flexible spending account (FSA) is a type of savings account that allows you to set aside pre-tax money for certain qualified medical expenses.
Employees who choose to participate in a flexible spending account program offered by their employer are required to file.
To fill out a flexible spending account form, you will need to provide your personal information, estimate your annual medical expenses, and elect the amount of money to contribute to your FSA.
The purpose of a flexible spending account is to help individuals save money on medical expenses by allowing them to use pre-tax dollars to pay for eligible costs.
Information such as the participant's name, contribution amount, eligible expenses incurred, and proof of payment must be reported on a flexible spending account form.
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