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MEDICAL FLEXIBLE SPENDING PROGRAM (MEDLEY) MIDYEAR ENROLLMENT OR STATUS CHANGE Office of the State Comptroller Healthcare Policy & Benefit Services DivisionMEDFLEXELIGIBILITYEMPLOYEE INFORMATIONCO1306a
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What is flexible spending accounts fsa?
Flexible Spending Accounts (FSA) allow employees to set aside pre-tax funds for eligible healthcare or dependent care expenses.
Who is required to file flexible spending accounts fsa?
Employees who choose to participate in a Flexible Spending Account program offered by their employer are required to file Flexible Spending Accounts.
How to fill out flexible spending accounts fsa?
To fill out a Flexible Spending Account form, employees need to provide information about their eligible expenses, anticipated contribution amount, and agree to the terms of the program.
What is the purpose of flexible spending accounts fsa?
The purpose of Flexible Spending Accounts is to help employees save money on healthcare or dependent care expenses by allowing them to use pre-tax dollars.
What information must be reported on flexible spending accounts fsa?
Employees need to report their eligible expenses, contribution amounts, receipts or documentation for reimbursement, and abide by any program rules.
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