| Dependent
Care Spending Account |
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|
The Dependent Care Spending
Account allows participants to pay for qualified dependent
care services with pre-tax dollars. The program follows
the specific requirements established by the Federal Government
with regard to who is eligible and what expenses are eligible
for reimbursement. |
| |
|
Maximum annual Dependent Care Spending Account contribution
is $5,000 per family. Dependent care contributions are
deducted each pay period (26 per year). |
| Health Care
Spending Account |
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|
The Health Care Spending Account allows
participants to pay for certain eligible medical expenses,
such as out-of-pocket medical and dental expenses, with
pre-tax dollars. This account follows the specific requirements
established by the Federal Government with regard to who may use
this benefit and what expenses are eligible for reimbursement. |
| |
|
Maximum annual Health Care Spending Account contribution is $3,000 per family.
Health care contributions are deducted each pay period (26 per year). |
| |
|
Physicians are eligible to enroll in Flexible Spending Plans from their date of hire. |
