Flexible Spending Accounts

This may be one of the best years to take advantage of the tax-savings benefit of a Flexible Spending Account (FSA). FSAs allow you to contribute pre-tax dollars that you expect to spend on qualified expenses into the account and therefore lower your taxable income. There are two types of FSAs offered:

• Health Care—for out-of-pocket health care expenses
• Dependent Care—for costs of adult or child care that enable you (and your spouse) to work

When considering the Health Care account, estimate costs for co-payments of prescription drugs and doctors visits for yourself and your family members. You don't have to participate in Henrico County health care or dental coverage to participate in a FSA and your family members do not have to be covered by Henrico County's plans for you to be reimbursed for their eligible expenses.

When considering the Dependent Care account, review costs for child care services for dependent children under the age of 13. This account may also be used if you have expenses for adult care services. Eligible child or adult care expenses are those that you incur when you are working and that enable you (and your spouse) to work.

For additional details check out Henrico County’s FSA brochure.

Benefit Forms

• Request for Reimbursement—TASC—Claims Form
  
• Qualifying Event Change Form
• FSA Election Form
• FSA Direct Deposit Election Form

Important Links

• FSA Brochure
• FSA - Health Care Reimbursable Expenses
• Flexible Spending Accounts Claim Card—FAQs
• FSA Claim Card Tips & Additional Claim Card Request Information
• COBRA

FSA Contact Information

TASC Participant Services: 1-800-422-4661
E-mail: service@tasconline.com
Web Site: www.tasconline.com

Henrico Human Resources - Benefits Division
Phone: 804-501-7371
FAX: 804-501-4426
Send us an e-mail