Flexible Spending Accounts (FSAs) allow you to set aside money for certain expenses (medical, child care/elder care costs).
You don’t pay taxes on this money, meaning you’ll save an amount equal to the taxes you would have paid. Accounts are subject to a “use-it-or-lose-it” rule each year. Open Enrollment is when account holders must designate the amount contributed to their accounts for the plan year.
Who is this for?
- Benefits-eligible employees
- GME Medical Residents
ASI Flex
administers
the following
spending accounts: