Flexible Benefits gives you a way to take home more money in every paycheck! Your eligible insurance premiums and dependent care expenses are deducted from your gross salary - before taxes. Therefore, you pay less in taxes and your spend-able income increases.
Flexible Benefits ... 4 Options:
- Premium Conversion - Having insurance premiums deducted before taxes
- Health Care Flexible Spending Account - Reimbursement of medical expenses
- Limited Flexible Spending Account - Reimbursement for vision and dental expenses
- Dependent Care Flexible Spending Account - Reimbursement of employment related dependent care expenses.
The Office of Group Benefits is currently in contract with Discovery Benefits for servicing of the Flexible Spending Account program.