{"id":14707,"date":"2020-01-07T10:30:11","date_gmt":"2020-01-07T15:30:11","guid":{"rendered":"https:\/\/sourcelive.hr.msu.edu\/?p=14707"},"modified":"2025-12-18T09:47:43","modified_gmt":"2025-12-18T14:47:43","slug":"tips-to-use-your-flexible-spending-account-funds-2","status":"publish","type":"post","link":"https:\/\/sourcelive.hr.msu.edu\/?p=14707","title":{"rendered":"Tips to Use Your Flexible Spending Account Funds"},"content":{"rendered":"\n<p>Welcome to 2020 and your flexible spending account (FSA)\nfunds! If you signed up for a 2020 FSA during Open Enrollment last October,\nyou\u2019re on your way to saving money on out-of-pocket medical and\/or dependent\ncare expenses. MSU\u2019s FSA plan administrator is WageWorks. If this is your first\ntime participating in an FSA, make sure you&nbsp;<a href=\"https:\/\/www.wageworks.com\/employees\/account-management\/wageworks-web-portal\/\">register\nfor your online WageWorks account<\/a>.<\/p>\n\n\n\n<p>If you have a Health FSA, you can purchase a variety of\nproducts and services with pre-tax dollars \u2013 it\u2019s like a 30% off sale on eligible\nexpenses<sup>1<\/sup>. Some items you may not know about include:<\/p>\n\n\n\n<ul>\n<li>Allergy medication<\/li>\n\n\n\n<li>Bandages<\/li>\n\n\n\n<li>Breastfeeding classes<\/li>\n\n\n\n<li>Cough syrup<\/li>\n\n\n\n<li>Dyslexia treatment<\/li>\n\n\n\n<li>First-aid kits<\/li>\n\n\n\n<li>Guide dog<\/li>\n\n\n\n<li>Hearing aids<\/li>\n\n\n\n<li>Humidifier\/air filter<\/li>\n\n\n\n<li>Lasik<\/li>\n\n\n\n<li>Pain relievers<\/li>\n\n\n\n<li>Pregnancy tests<\/li>\n\n\n\n<li>Reading glasses<\/li>\n\n\n\n<li>Smoking cessation drugs<\/li>\n\n\n\n<li>Sunscreen<\/li>\n<\/ul>\n\n\n\n<p>You can find a complete list of eligible expenses for both health and dependent care FSA funds on the\u00a0<a href=\"https:\/\/www.wageworks.com\/employees\/eligible-expenses\/\">WageWorks eligible expenses website<\/a><sup>2<\/sup>. To make shopping for eligible expenses easier, visit the online\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/fsastore.com\/\" target=\"_blank\"><strong>FSA Store<\/strong><\/a>\u00a0for the largest selection of guaranteed FSA-eligible products. And remember, managing your WageWorks account is quick and easy with the\u00a0<a href=\"https:\/\/sourcelive.hr.msu.edu\/?p=13251\">WageWorks EZ receipts app<\/a>. You\u2019ll love the convenience of submitting claims, uploading receipts and checking account balances directly from your phone.<\/p>\n\n\n\n<p><strong>What if I still have funds left over from my 2019 FSA?<\/strong><\/p>\n\n\n\n<p>Not to worry \u2013 if you still have funds left over from your\n2019 FSA, you have until&nbsp;<strong>March 15, 2020<\/strong>&nbsp;to use these funds and\nuntil&nbsp;<strong>April 30, 2020<\/strong>&nbsp;to submit claims. Find more information\non the&nbsp;<a href=\"https:\/\/hr.msu.edu\/benefits\/flexible-spending-accounts\/index.html\">HR website<\/a>.<\/p>\n\n\n\n<p><strong>Questions?<\/strong>&nbsp;For more detailed information contact\nWageWorks at 877-924-3967 or visit the&nbsp;<a href=\"https:\/\/www.wageworks.com\/\">WageWorks\nwebsite<\/a>. For plan eligibility questions contact the HR Solutions Center\nat&nbsp;<a href=\"mailto:SolutionsCenter@hr.msu.edu\">SolutionsCenter@hr.msu.edu<\/a>&nbsp;or\n517-353-4434.<\/p>\n\n\n\n<p><em><sup>1<\/sup>&nbsp;Assumes a combined tax rate of 30%,\nincluding FICA, state, and federal income taxes. Actual amounts may vary.<\/em><\/p>\n\n\n\n<p><em><sup>2&nbsp;<\/sup>Some items may require a doctor\u2019s\nprescription or other documentation from your doctor. Please see your account\ndetails for more information.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Welcome to 2020 and your flexible spending account (FSA) funds! If you signed up for a 2020 FSA during Open Enrollment last October, you\u2019re on your way to saving money on out-of-pocket medical and\/or dependent&hellip; <a class=\"continue\" href=\"https:\/\/sourcelive.hr.msu.edu\/?p=14707\">Continue Reading&#8230;<span> Tips to Use Your Flexible Spending Account Funds<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"__cvm_playback_settings":[],"__cvm_video_id":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0},"categories":[2],"tags":[273,123,124,274,272],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pb1fcA-3Pd","_links":{"self":[{"href":"https:\/\/sourcelive.hr.msu.edu\/index.php?rest_route=\/wp\/v2\/posts\/14707"}],"collection":[{"href":"https:\/\/sourcelive.hr.msu.edu\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sourcelive.hr.msu.edu\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sourcelive.hr.msu.edu\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/sourcelive.hr.msu.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14707"}],"version-history":[{"count":2,"href":"https:\/\/sourcelive.hr.msu.edu\/index.php?rest_route=\/wp\/v2\/posts\/14707\/revisions"}],"predecessor-version":[{"id":19750,"href":"https:\/\/sourcelive.hr.msu.edu\/index.php?rest_route=\/wp\/v2\/posts\/14707\/revisions\/19750"}],"wp:attachment":[{"href":"https:\/\/sourcelive.hr.msu.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sourcelive.hr.msu.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sourcelive.hr.msu.edu\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}