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GETTING STARTED

How Beniversal flexible spending plans work

First step: Calculate your monthly deduction
You can calculate your expenses using our FSA Tax Savings Calculator or our Medical Expense Worksheet or Dependent Care Expense Worksheet.

Be careful in estimating how much you will spend. The money you set aside in your flexible spending account must be used within the timeframe indicated in your plan's docmentation. Any unspent funds are, by federal law, forfeited.

Next step: Signup
Whether your employer allows online enrollment or requires a paper form, signing up is easy. You'll need the amounts you calculated above, your Company Code and your Member ID (which is provided to you by your employer)!

Final step: start saving
From this point on, every qualified purchase you make saves you 30 to 40 percent.

    Beniversal MasterCard

If your flexible spending plan includes a Beniversal MasterCard® card
Accessing your Medical FSA funds couldn't be simpler. You just use your Beniversal Card at a qualified merchant exactly as you would any credit card. Money is automatically deducted from your Medical FSA. There's no digging deep for cash or waiting for reimbursements.

You should collect and keep receipts. If requested, you will have to send them in to Benefit Resource so that your flexible spending plan is in compliance with federal regulations.

If you have eligible expenses that cannot be paid with a Beniversal Card (such as dependent care expenses), you can complete a claim online and either upload it with your scanned receipts or print the claim and then fax or mail it to us with your receipts. We reimburse participants weekly for eligible medical and dependent care expenses. You can opt to receive reimbursements either by direct deposit into your bank account or by check.

Keep track of your funds with our 24/7 Participant website
You can check the status of your funds at any time online. All you will need is your Member ID to log into our Participant website.

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