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Date of Issue: November 2016Federal Flexible Spending Account (SAFES) Open Season
The Federal Flexible Spending Account (SAFES) Open Season will take
place November 14, 2016, through December 12,
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What is federal flexible spending account?
A federal flexible spending account is a pre-tax benefit account that helps employees save money on eligible health care and dependent care expenses.
Who is required to file federal flexible spending account?
Employees who want to take advantage of the tax-saving benefits of a flexible spending account are required to file federal flexible spending account.
How to fill out federal flexible spending account?
To fill out a federal flexible spending account, employees need to submit eligible expenses along with reimbursement forms to their employer for processing.
What is the purpose of federal flexible spending account?
The purpose of a federal flexible spending account is to help employees save money on eligible healthcare and dependent care expenses by using pre-tax dollars.
What information must be reported on federal flexible spending account?
Employees must report eligible expenses, reimbursement forms, and any relevant receipts on their federal flexible spending account.
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