Chard Snyder helps you get the most out of your FSA benefit.
Am I Eligible for an FSA? To maximize savings, you can enroll in a dependent care FSA and a health FSA. If you are contributing to a Health Savings Account (HSA), you are not eligible for a health FSA but can enroll in a dependent care FSA. How Do I Access My FSA Funds? The Chard Snyder Benefits Card provides an easy, convenient way to use your FSA funds to pay for eligible items and services. It works just like a debit card, but utilizes smart technology so it can only be used to pay for expenses that are eligible according to IRS guidelines under the FSA plan. The Chard Snyder Benefits Card eliminates the need to pay out-of-pocket, submit a claim, or wait for reimbursement. Simply swipe the card at your healthcare provider’s office, pharmacy, store, or use online, and the funds are automatically deducted from your health FSA. Plan restrictions may apply to your dependent care account, and some providers may not accept the benefits card. You can also file a claim on the Chard Snyder Mobile App or your online account.
Chard Snyder Website www.chard-snyder.com Once you’ve enrolled, access your Chard Snyder FSA online account from the website home page by clicking on the blue Login tab at the top right of the page.
The Chard Snyder Benefits Card
• Convenient way to pay for eligible expenses directly from your FSA • Works like a debit card • Connect with your mobile wallet for contactless payments • Save your receipts
Chard Snyder Participant Services Our Participant Services team is here to help answer questions you may have about your FSA. If you can’t find what you need on the mobile app or in your online account, give us a call.
You may use your card until the expiration date shown on the front. You will receive new cards just before your current card expires. Why Do I Need to Save My Receipts? The IRS requires Chard Snyder to confirm that you used FSA funds for an eligible service or purchase. You may be asked for copies of itemized receipts, statements, or Explanation of Benefits (EOB) from doctors’ and dentists’ offices, hospitals, and stores that do not automatically verify eligible expenses. Just take a picture of the itemized receipt with your smart phone and submit it using the Chard Snyder Mobile App or your online account. It’s that easy! Once you provide the requested information for a transaction that is not immediately recognized as eligible, the transaction in question is normally verified quickly. (If you do not provide the requested documentation in a timely manner, your card may be turned off.)
800.982.7715 www.chard-snyder.com
The information contained in this publication is not, nor is it intended to be, legal or tax advice. Federal regulations may change plan features without notice at any time. ©2024, Chard Snyder & Associates, LLC. All rights reserved.
CS_FSA - HC_DCA Benefits Card v8.24
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