Flexible Spending Account (FSA) - Health FSA A Health Flexible Spending Account (FSA) is a great cost savings tool that can help with common medical, dental, or vision expenses. You elect a portion of your salary to be deducted, on a pre-tax basis, from each paycheck to use for reimbursements of qualified out-of-pocket expenses throughout the plan year. How a Health FSA Works If you chose to enroll in the HSA qualified Medical Plan, you cannot enroll in the Health FSA due to IRS tax laws.
Using your Smartphone or Mobile Device Manage your FSA anywhere. Sign in to capture receipts, pay bills, search for qualified medical expenses and more.
A Health FSA may be used for the reimbursement of eligible medical, dental, or vision expenses for you, your spouse or dependents (as defined by Federal tax law), up to the amount you elect to contribute to the FSA for the year. The annual minimum contribution is $100 and the 2024-25 maximum annual contribution is $3,300. Due to the use or lose rule; it is important for you to carefully estimate your out-of-pocket expenses for the upcoming plan year. Any amount remaining after the end of the plan year (October 31, 2025) and grace period, will be forfeited. How Your Card Works For easy access to your FSA funds, you can swipe your WEX debit card and avoid out-of-pocket costs. If you use your card at a provider with an Inventory Information Approval System (IIAS), the expense will automatically be approved at the point of sale. If the card is swiped at a merchant that meets the IRS’ 90% rule, you may need to provide documentation to show the expense is eligible. Go to https://customer.wexinc.com/login/ benefits-login/ to create your account and begin. Search Eligible Items Online - FSA Store FSAstore.com is everything flex spending with zero guesswork. It’s both the largest online marketplace for guaranteed FSA eligible products and an educational resource that you can actually understand. It’s the company’s mission to help millions of flexible spending account holders manage and use their FSAs and save on more than 4,000 health items using tax-free health money. Note: Although WEX accepts FSA cards, and most card purchases should auto-approve without you needing to submit further paperwork, your FSA administrator might require a receipt for your purchase to substantiate the claim. Check out the Learning Center for more FSA eligible tips and resources!
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