Flexible Spending Account

FSA Basics

A Flexible Spending Account (FSA) lets you deduct dollars from your paycheck and put them into a special account that’s protected from taxes.  You can use these pre-tax dollars to pay for some of your health care expenses.  The State of Washington has contracted with Navia Benefit Solutions to manage the FSA plan, process claims, and provide customer service for Public Employees Benefits Board (PEBB) enrollees.

FSA Enrollment

If you are a new employee, please fill out the paper enrollment form and return it to Human Resource Services (HRS) Pullman within 31 days of becoming an eligible employee. If you are currently enrolled in this program, you must re-apply each year during open enrollment in November to continue participation.

What if both myself and my spouse/registered domestic partner are enrolled in an FSA?

If both you and your spouse/qualified tax-dependent registered domestic partner are enrolled in an FSA for 2017, you have each enrolled into separate accounts. Due to enrollment in separate accounts, you were each offered the option to maximize your annual elections up to $2,500 each. While you may have separate accounts, each account can be used toward your own and your spouse/partners expenses.

Example – John uses all $2,500 of his accounts contributions, and still has additional eligible medical expenses. Jane has $1,000 of unused funds in her account and due to John being an eligible spouse, Jane can claim John’s remaining eligible expenses toward her remaining $1,000.

FSA Grace Period

You have until March 15th to accrue expenses that can be claimed under your FSA account for the previous plan year, and you have until March 31st to submit those claims for reimbursement.

Exception:  If you have an FSA in the current plan year and enroll in a CDHP/HSA for the coming year, there is no grace period to use your FSA funds.  You will only have until December 31st to use your funds.

*Please note the IRS prohibits enrollment in an FSA and an HSA at the same time in a household. Please visit FSA & HSA Dual Enrollment for more information.

 

 

Disclaimer: The information contained on this website is for informational purposes only and does not constitute legal advice, nor does it substitute for official plan documents. All information on this website is relayed to the best of the agency’s ability, but does not guarantee accuracy. Please seek FSA guidance from Navia Benefit Solutions or your tax advisor.

 

Washington State University