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A Flexible Spending Account (FSA) can help save you money by letting you set aside money to use toward eligible expenses like medical costs, child care, and other health services. The amount you save depends on how much you put into your FSA and your income tax rate.
It’s important to remember you’ll need to re-enroll in your FSA each plan year.
Sign up for a health care flexible spending account (FSA) to help pay for eligible health care expenses with tax-free dollars.
Sign up for a dependent care flexible spending account (FSA) to pay for eligible day care and elder care expenses with tax-free dollars.
When you sign up for the Commuter Expense Reimbursement Account (CERA) with Optum, you can set aside some of your pretax pay from each paycheck to use for your eligible commuting and parking expenses. CERA saves you money by lowering the income that subject to federal income tax, FICA (Social Security) and state income tax (in most states). Your savings will depend on your commuting expenses, tax situation, and monthly limits set by the IRS .
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