A Health Savings Account (FSA) allows employees to pay for health expenses using pre-tax dollars. The plan is fully integrated with payroll, so you don’t have to worry about deductions or enrollments.
Plan summary
New hire waiting period: First of month on or following 60 days after hire
Employee election limit: $2,700 per plan year
Eligible spending period: November 1, 2019 – October 31, 2020
Claim submission deadline: January 29, 2021
Rollover limit: $500
Termination runout period: 90 days
