Flexible Spending Accounts allow you to direct a part of your pay, on a pre-tax basis that can be used throughout the year to reimburse yourself for certain out-of-pocket medical expenses and/or Dependent Care expenses. Because your money goes into your reimbursement accounts before taxes are withheld, your taxable income at the end of year is lowered, and ultimately you have more disposable income.
Employees may enroll within in flexible spending within 30 days of their first day of work. Briarcliff allows employees to participate in a Health Flexible Spending Account (Healthcare FSA) and/or a Dependent Care FSA through Flores
Healthcare Reimbursement Account
Minimum Allowable: $300
Maximum Allowable: $3,200
Dependent Care Reimbursement Account
Minimum Allowable: $300
Maximum Allowable: $5,000 (per household)
Flores Links:
Open Enrollment/Resources