Topic

MSB Employee Benefit: Tax Advantage Accounts

Flexible Spending Account (FSA)

A Flexible Spending Account is a special account you put pre-tax money into to pay for eligible healthcare expenses like copays, prescriptions, or medical supplies. It helps lower your taxable income, but most funds must be used within the plan year.

FSA Enrollment Form

FSA Reimbursement Request Form

Dependent Care Flexible Spending Account (DCFSA)

A Dependent Care Flexible Spending Account is a special account you put pre-tax money into to pay for eligible dependent care expenses like daycare or after-school care for your kids. This account can also be used to care for an adult dependent. It helps lower your taxable income, but most funds must be used within the plan year.

DCFSA Enrollment Form

DCFSA Reimbursement Request Form