Flexible Spending Account

A Flexible Spending Account (FSA) is an employer owned account that lets you set aside pre-tax dollars (which lowers your taxable income) to pay for eligible out-of-pocket expenses.
There are three types of FSAs:
1. Healthcare FSA – Can be used to pay eligible medical, dental, orthodontia and vision expenses
2. Dependent Care – Can be used to pay eligible expenses for childcare, eldercare or care for a disabled dependent

Important notes regarding Flexible Spending Account Plans:

• If you have elected to have money set aside in this account before taxes are calculated, you may not change your plan elections until the end of the plan year, December 31st, unless there is a significant change in your family status (marriage, divorce, death of spouse, birth of child, termination of spouse’s employment, or a significant change in your spouse’s health coverage). If a change in status occurs, you may make changes consistent with the qualifying event.
• The plan allows a carryover of $680 into the 2027 year. If Medical FSA has a balance over $680 on December 31, expenses incurred in 2026 can be submitted until March 31, 2027, for reimbursement. If Medical FSA still has a balance over $680 after March 31, excess funds will be forfeited. You must request reimbursement of expenses incurred during the plan year within 90 days of your termination date. The IRS requires that any unused funds be forfeited.

What if my FSA Card can’t be used for certain services?
How to submit a claim for reimbursement
• You may also pay for eligible expenses with another payment method and submit a claim for reimbursement from your health care FSA. You can use the following methods to submit a claim:
• Mobile App: Download EBC Mobile in the App Store or Google Play. Use your online account information to log in.
• Online Account: Log in and submit a claim at ebcflex.com.

Please note that your FSA Card can’t be used for Dependent Care, regardless of the plan you have elected.