A Flexible Spending Account (FSA) is a benefit governed by the IRS and sponsored by your employer. An FSA allows you to pay certain Health Care and/or Dependent Care expenses with pre-tax money. Money is diverted out of each of your paychecks on a pre-tax basis and put into a Health Care Reimbursement Account and/or a Dependent Care Assistance Account.

Health and Dental Insurance Premium Offset: You may have your premium co-payments deducted on a pre-tax basis. This will reduce your gross pay and as such your tax liability.

Dependent Care: This also allows you to have a pre-tax payroll deduction for daycare expenses. Since this is also pre-taxed, it reduces your gross pay and as such, your tax liability. 

INFORMATION

FORMS

Simplifying Health Care Reform How Health Care Reform changed the Flexible Spending Accounts.   Flexible Benefits Pamphlet Detailed information on the Health Care Reimbursement Account and the Dependent Care Assistant Account.   Health Care Reimbursement Account Brochure Overview of Health Care Reimbursement Account program.   Dependent Care Account Brochure Overview of the Dependent Care Assistance program.    Flexible Benefit Debit Card Flyer Benefit Strategies will have a new benefit card effective 1/1/12. This flyer explains the change.   Flexible Benefit Debit Card Guidelines Guidelines for you Flex Express Debit Card.   Eligible Over the Counter Expenses List Listing of specific over the counter medications effective 1/1/2011.   Benefit Strategies Website Instructions Instructions on how to create or log in to your account with Benefit Strategies.   Mobile Technology Brochure Information on accessing your flexible spending accounts thru the phone.

Enrollment Form Flexilble Enrollment Form to enroll in the Health Care Reimbursement Account, Dependent Care Assistant Account, or elect your health and dental premiums to be deducted pre-tax.   Direct Deposit Authorization Form Form used to request that your reimbursements for your Health Care Reimbursement Account or Dependent Care Assistant account be directly deposited to your specified checking or savings account.    Participant Status/Change Form If you have a qualifying event during the calendar year; such as marriage/divorce, etc. and need to change your flexible benefit contributions complete this form and send it to HR; Attn: Benefits.   Reimbursement Request Form Claim Form to request reimbursement from your Health Care Reimbursement Account or your Dependent Care Assitance Account.

CONTACT INFORMATION
Benefits Stragegies, LLC P.O. Box 1300 967 Elm Street Manchester, NH 03105-1300 Customer Service Phone: (603) 647-4666 (Hours: Mon-Thurs 8:00am - 6:00pm and Fri 8:30am - 5:00pm) Fax # for claims: (603) 647-4668 Email: claimssupport@benstrat.com