Flexible Spending Account
A flexible spending account (FSA) allows employees to pay for pay for qualified medical, dental, vision, or dependent care expenses with pre-tax dollars. Pre-tax means before state, federal, Social Security, and Medicare taxes are applied.
What happens if I don’t have enough funds in my limited purpose flexible spending account to cover an eligible expense?
The debit card will take what funds are available from the limited purpose flexible spending account and take the remaining balance (if any) from your health savings account if available.
What happens if I swipe my card for a non-eligible limited purpose expense, and I don’t have funds left in my limited purpose flexible spending account?
The card will recognize that the swipe is for a non-eligible expense and take the money from your health savings account if available.
This could have happened because your provider/merchant has the item/service or their debit/credit card machine coded differently. You can submit the eligible expense for reimbursement from your Flexible Spending Account. If you choose to pay back the funds to your health savings account you can do so by sending a check with a completed HSA Excess Distribution Request.
- About Flexible Spending Accounts
- Health Care Flexible Spending Accounts
- Dependent Care Flexible Spending Accounts
- FSA Orthodontia Claims
- Limited Purpose Flexible Spending Accounts
- Alerus Health Benefits Card and Payment Options
- Alerus Benefits Mobile App
- Pre-Tax Benefits Eligible Expenses
- FSA Carryover/Grace Period