FSA CardSee All

• What if I lose my card or need another one?
• Where do I go for answers to my questions?
• What happens if I terminate employment or stop participating in the plan?
• What if an expense is more than the amount left in my account?
• How do I know how much is in my account?
• What should I do if I cannot use my Beniversal Card at the point-of-sale?
• What if a provider requires me to pay in full at the point-of-sale, even if part of the expense will be paid from another source?
• Can I use my card to pay for services that were provided prior to participating in the plan?
• Can I use the Beniversal Card to pay a bill that has a “Balance Due” for an eligible service?
• Can I use the Beniversal Card to pay for a service before it is provided?
• What if I lose a receipt from a card transaction?
• What should I do with my receipts?
• What if I order my prescription through an online or mail order program?
• Can I use my card to purchase over-the-counter (OTC) items?
• What can I purchase with my Beniversal Card?
• What is a 90% merchant?
• What is an IIAS merchant?
• Where can I use my Beniversal Card?
• When can I start using my Beniversal Card?
• What is a Beniversal Card?
• Do I need a new Beniversal Card each plan year?
• What dollar amount is available on my Beniversal Card after I activate it?
• If asked, should I select “Debit” or “Credit”?

FSA ClaimsSee All

• When do I need to submit my FSA claims?
• How does reimbursement for orthodontia expenses work?
• Can I submit a claim for a medical service before the service is provided if I have already paid for it?
• Can I submit a claim for a medical service prior to paying for it?
• Must all my claims be submitted before the plan year ends?
• How do I submit an expense for reimbursement?
• Is there a minimum claim submission amount?
• If I pay my daycare center the same amount every single week, can I automatically receive reimbursement from my Dependent Care Account without submitting a claim every week?
• What happens if the cash balance in my Dependent Care FSA is less than the amount of an eligible claim that I submit?
• What supporting documentation do I need to submit with my completed claim for reimbursement from my Dependent Care FSA?
• Can I submit a Dependent Care claim before a service is provided if I have already paid for it?
• What supporting documentation do I need to submit with my completed claim when requesting reimbursement from my Medical FSA?
• Where should I submit my claim first for medical expenses: to my insurance or my Medical FSA?
• Will my FSA claims be paid directly to the provider?
• How long will it take to receive reimbursement for my claim?

FSA Dependent CareSee All

• Am I eligible to use a Dependent Care FSA?
• Which is more advantageous, having a Dependent Care FSA or claiming the Child Care Tax Credit on my income tax return?
• Will I have to report contributions to my Dependent Care FSA on my tax return?
• Are application fees, agency fees and deposits paid for the care of a qualified individual eligible for reimbursement under a Dependent Care FSA?
• Are day care expenses for an elderly parent eligible under a Dependent Care FSA?
• If I pay for day care expenses and am not the custodial parent, can these expenses be reimbursed from a Dependent Care FSA?
• My dependent child will turn 14 during the current plan year but will still have a babysitter throughout the plan year. Can I use the Dependent Care FSA for the entire year for that child?
• Can eligible day care services be provided by a relative?
• My day care provider charges me a fee for transporting my child from school to the day care location. Is this fee reimbursable from my Dependent Care FSA?
• Are expenses at a day care center eligible under a Dependent Care FSA?
• Are day care expenses for before-school and after-school care eligible under a Dependent Care FSA?
• Can I use a Dependent Care FSA to pay for a babysitter in my home rather than using a day care facility?
• My dependent child who is under age 14 goes to private school. Are the tuition payments eligible for reimbursement under my Dependent Care FSA?
• Is Kindergarten reimbursable from a Dependent Care FSA?
• My dependent child who is under the age of 14 goes to day camp during the summer. Is that expense eligible under my Dependent Care FSA?
• My spouse is also offered a Dependent Care FSA at work. Can we each elect the maximum amount allowed under our respective Dependent Care FSA plans?
• What services are eligible under a Dependent Care FSA?
• What is a Dependent Care Flexible Spending Account (FSA)?

FSA Extended Grace PeriodSee All

• I am a participant in the plan for this current plan year, but will not re-enroll in the plan for the next plan year. Does the extended grace period rule apply to me at the end of this current plan year?
• If I terminate employment during the plan year, does the extended grace period apply to me?
• What is the length of the extended grace period?
• What is an extended grace period? (FSA)

FSA GeneralSee All

• How Does the Beniversal FSA Work?
• If I terminate employment, can I receive a refund for the cash balance remaining in my FSA?
• What happens if my employment terminates before the end of the plan year?
• Will my FSA election automatically continue after my current plan year ends?
• If I elect too much for my FSA during the plan year and cannot use it, what happens to the extra funds?
• Can money in a Medical FSA be used for a Dependent Care FSA?
• Are expenses eligible if services are provided prior to my effective date in the Plan?
• Who is responsible for determining if an expense is eligible?
• What dollar amount is available in my FSA?
• Since I will not pay Social Security taxes on money contributed to an FSA, will my Social Security benefits be lower when I retire or if I become disabled?
• What employee taxes are eliminated by contributing to a Medical or Dependent Care FSA?
• What is the advantage of enrolling in an FSA?
• Can I change my FSA election during the plan year?
• How can I determine my Account balance?
• Can I elect a Medical FSA and a Dependent Care FSA?
• Is there a maximum or minimum annual amount that I can elect for an FSA?
• Who is eligible to elect an FSA?
• What is a Flexible Spending Account (FSA)?

FSA MedicalSee All

• Is it more advantageous to use a Medical FSA instead of claiming those expenses as a deduction on my income tax?
• If I use funds from my Medical FSA for medical expenses, can I claim a deduction on my income tax?
• What will I need to report on my tax return about my Medical FSA contributions?
• Can I use my Medical FSA for transportation expenses related to eligible medical care?
• Is a warranty for contact lenses/eyeglasses an eligible expense under a Medical FSA?
• Are my medical insurance premiums eligible expenses under my Medical FSA?
• Are co-payments and deductibles eligible expenses under my Medical FSA?
• Can the funds in my Medical FSA be used for my spouse and dependents?
• My spouse is also offered a Medical FSA at work. Can each of us elect the maximum amount allowed under our respective plans?
• What medical services are eligible under my Medical FSA?
• What is a Medical Flexible Spending Account (FSA)?
• How does reimbursement for orthodontia expenses work?

FSA Over-The-CounterSee All

• What OTC items are eligible with an FSA or HRA?
• What OTC items are not eligible for reimbursement?
• What documentation do I need to submit for reimbursement of eligible OTC items?
• What requirements must be met for an OTC item to be eligible for reimbursement?
• Can I purchase large quantities of OTC items?
• Are all OTC items eligible for reimbursement from my Medical FSA?

FSA RolloverSee All

• Will FSA rollover funds be available on my Beniversal Card?
• Do I have to enroll in a Medical FSA in the next plan year to access my current plan year rollover funds?
• If I have rollover funds from the previous plan year, can I still elect the maximum tax-free Medical FSA amount as set in my plan for the current plan year?
• Is there a minimum Medical FSA rollover amount?
• Will Dependent Care funds be allowed to roll over into subsequent plan years?
• When will rollover funds be available?
• How is the rollover amount determined?
• What is the FSA rollover option?

FSA Supporting DocumentationSee All

• How do I submit a requested receipt?
• What is an itemized receipt? How do I get one?
• How will I know at the point-of-sale whether I will need to submit additional documentation?
• What can I do to avoid/limit requests for receipts when I use the Beniversal Card in the future?
• Why was my transaction even approved if I still need to submit documentation?
• I used my Beniversal Card for eligible expenses, why am I getting a request to submit receipts?