Flexible Savings Account / Dependent Care

  • WEX Flexible Savings Accounts allow you to pay some of your health care and dependent care expenses in a manner that reduces your taxes at the same time. The FSA allows you to use pre-tax dollars to pay for eligible expenses for which you are not reimbursed by another medical, dental, vision plan, and/or tax credit. Such expenses include medical and dental deductibles, coinsurance, copayments, prescription glasses, contact lenses, LASIK eye surgery, or child/elder care expenses. Click here for a list of eligible expenses.

    Please complete and submit the Flexible Spending Account (FSA) / Dependent Care Enrollment form directly  here. 2024-2024 Maximum annual contribution for Medical FSA is $3,200 and Dependent care is $5,000.

     

    Employees who participate in this program must re-enroll annually during Open Enrollment. 

    FSA and Dependent Care Plan Documents are available for employees review. Please contact the Benefits Office for more information.

    Flexible Spending Accounts Reminders: 

    • Continuous enrollment for Flexible Spending Accounts is NOT automatic, participants must re-enroll every year.
    • Expenses must be incurred between October 1 through September 30 of current plan year and submitted for reimbursement no later than December 31. EXCEPT for separation of employment with Fullerton School District (including retirements, terminations, resignations, etc.), in which participants only have 30 days from last working day with Fullerton School District to submit claims directly to Discovery Benefits for reimbursement.  
    • Please make sure to submit claims ASAP during plan year (October 1 through September 30) to WEX. Waiting until plan year ends or before December 31 of plan year, may result in delayed or denied payments. Please contact Benefits Office for more information.
    • Health Care FSA ONLY: Participants may access the entire annual election from the first day of the plan year. 
    • Dependent Care FSA ONLY: Participants may access money only after it is placed into the dependent care FSA account. Money is usually available within 10 business days after employees have received paycheck.
     
     
     
     
    WEX Status Change Form