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WARREN WOODS PUBLIC SCHOOL DISTRICT FLEXIBLE SPENDING ACCOUNT AND LIMITED PURPOSE FSA Group Resources companyREIMBURSEMENT ACCOUNT ELECTION FORM Plan Year July 1, 2024June 30, 2025 Employee Name:

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How to fill out flexible spending account fsa

01

Enroll in a plan that offers a flexible spending account (FSA).

02

Determine how much money you want to contribute to your FSA for the year.

03

Keep track of eligible expenses that you incur throughout the year.

04

Submit claims for reimbursement following the guidelines set by your FSA plan.

05

Use the funds in your FSA for eligible expenses before the deadline set by your plan.

Who needs flexible spending account fsa?

01

Individuals who have out-of-pocket medical expenses that are not covered by insurance.

02

Those who want to save money on taxes by using pre-tax dollars to pay for eligible expenses.

03

Employees who have access to an FSA through their employer and want to take advantage of the benefits it offers.

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What is flexible spending account fsa?

A flexible spending account (FSA) is an employer-sponsored benefit that allows employees to set aside a portion of their pre-tax earnings to pay for qualified medical expenses.

Who is required to file flexible spending account fsa?

Employees who wish to participate in a flexible spending account (FSA) must enroll during their employer's open enrollment period each year.

How to fill out flexible spending account fsa?

Employees can fill out a flexible spending account (FSA) enrollment form provided by their employer during the open enrollment period.

What is the purpose of flexible spending account fsa?

The purpose of a flexible spending account (FSA) is to help employees save money on medical expenses by using pre-tax dollars to pay for eligible costs.

What information must be reported on flexible spending account fsa?

Employees must report their estimated annual medical expenses and choose the amount they wish to contribute to the FSA for the year.

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