Flexible Spending Account
Aug. 23, 2020—During Open Enrollment for 2021 benefits, Vanderbilt will offer two distinct types of tax-advantaged plans to help pay for health care costs on a pre-tax basis: the Health Savings Account for employees electing the Choice CDHP, and the health care Flexible Spending Account for employees electing the Select PPO or waiving coverage.
Feb. 7, 2018—Vanderbilt University employees with funds remaining in 2017 health care or dependent day care flexible spending accounts (FSAs) have until March 15, 2018, to use their funds and must submit all claims by April 15, 2018.
Feb. 7, 2017—Vanderbilt University employees with funds remaining in 2016 health care or dependent day care flexible spending accounts (FSAs) have until March 15, 2017, to use their funds and must submit all claims by April 15, 2017.
Oct. 13, 2016—Fully benefits-eligible employees can fund two different types of flexible spending accounts, or FSAs: a health care FSA and a dependent day care FSA. FSAs save you money by allowing you to use pretax dollars to pay for qualifying expenses.
May. 5, 2016—You may use direct deposit for your paycheck, but did you know that you can directly deposit flexible spending account (FSA) claim reimbursements into your checking or savings account, too?
Oct. 7, 2015—Flexible spending accounts are funded with your pretax dollars and can be used to pay for out-of-pocket health-related or dependent day care expenses.
Oct. 2, 2015—You can contribute up to $2,550 per year to a health care FSA.
Oct. 7, 2014—Today's tip: Dependent day care flexible spending accounts can be used to pay for day care services for eligible dependents so that you can continue to work and know that your dependents are being cared for.
Oct. 3, 2014—Open Enrollment starts next week. Today’s tip is a reminder that Vanderbilt employees are eligible to fund two different types of flexible spending accounts, also known as FSAs.
Mar. 27, 2012—Human Resources is reminding Flexible Spending Account (FSA) participants about an important upcoming deadline. If you participated in the 2011 Health Care or Dependent Care FSA, the last day to file a claim for reimbursement from your 2011 account is April 14, 2012. FSAs are a use-it-or-lose-it benefit. According to IRS rules, all claims for...