member login





register | help
Welcome to Flex-Plan Services for State of Washington Employees
 

FSA / DCAP Overview

--

 

How an FSA can help you

The PEBB Program offers a medical flexible spending arrangement (FSA) program that allows you to set aside money from each paycheck — before taxes — to pay for out-of-pocket health expenses. The FSA is only offered to PEBB benefits-eligible state and higher-education employees. The minimum annual contribution is $240; the maximum is $2,500.

Here are some of the ways an FSA can help you:

  • Setting aside a portion of your pay with an FSA reduces your annual taxable income and makes it easier to pay for out-of-pocket health expenses.
  • The full amount you set aside for your calendar FSA contribution is available on your first day of coverage for expenses.
  • Your FSA helps you pay for deductibles, copays, coinsurance, dental, vision, and many other expenses (see our eligible expenses lists).
  • You can use your FSA for your or your dependent's health care expenses, even if they are not enrolled in your PEBB medical or dental plan.

How dependent care assistance can help you

The Dependent Care Assistance Program (DCAP) can help you reduce taxable income by setting aside money from each paycheck — before taxes — to pay for dependent care expenses. This benefit is only offered to PEBB benefits-eligible state and higher-education employees. The maximum annual amount is $5,000 per household ($2,500 each if you and your spouse file separate tax returns).

Here are some ways DCAP can help you:

  • Setting aside a portion of your pay in DCAP reduces your annual taxable income and helps you pay for out-of-pocket dependent care expenses.
  • DCAP reimburses qualified dependent care expenses so you and your spouse (if married) can attend school or work, or look for work. If you have a stay-at-home spouse, you cannot enroll in the DCAP.
  • Eligible expenses include babysitting, daycare, prekindergarten, and registration fees (see our eligible expenses lists).

Qualifying dependents include:

  • A dependent under age 13 who qualifies as an Internal Revenue Service (IRS) dependent.
  • A spouse who is physically or mentally incapable of self-care.
  • Any other IRS-recognized dependent who is physically and/or mentally incapable of self-care.

 

 

 

 

Questions? Contact us at (800) 669-3539 (FLEX), Monday - Friday from 6:00am to 6:00pm

--© flex-plan services, inc.  about | privacy | terms & conditions | contact