Other CSHL Benefits Your benefits program offers ways to help you reduce your out-of-pocket expenses. You can set aside pretax dollars from your paycheck to pay for certain health care, dependent care, and transit expenses, reducing your taxable income: • Health Care Flexible Spending Account (HFSA) • Dependent Care Flexible Spending Account (DFSA) -You must re-elect the Health Care and Dependent Care FSA each Open Enrollment • Transitchek Smart Ways to Save
Health Equity/WageWorks Health Care Flexible Spending Account* Annual Minimum Contribution: $260 Annual Maximum Contribution: $2,850** Health Care Eligible Expenses***
• Copayments, deductibles, and coinsurance • Medical, dental, vision, hearing and certain prescription drugs expenses not covered by your plan(s) • Special services and equipment for the disabled Over-the-Counter (OTC) medicines are not eligible FSA expenses unless prescribed by a doctor Dependent Care Flexible Spending Account Annual Minimum Contribution $260 Annual Maximum Contribution: $5,000 Dependent Care Eligible Expenses*** • Covers expenses for child(ren) (under age 13) or adult care necessary to allow you and your spouse to work or your spouse to attend school full-time • Child or adult daycare obtained through in-home care centers, before and after school care, or summer day camp programs Transitchek Monthly Contribution Maximum: $270 This program allows you to pay for NY Metro-area commuting costs using pre-tax dollars, to purchase TransitChek cards or MetroCards for use on the LIRR, NYC subway and bus system, PATH, MetroNorth, NJ Transit and more.
*If enrolled in the HFSA, you will receive a health care card from Health Equity/WageWorks which you can use at time of purchase instead of filing a reimbursement claim. **Projected for 2022 ***Go to www.wageworks.com for a complete list of eligible health care and dependent care expenses.
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