Flexible Spending Account
A Flexible Spending Account (FSA) is a special account you put money into that you use to pay for certain out-of-pocket healthcare costs and dependent care expenses. You don't pay taxes on this money. This means you'll save an amount equal to the taxes you would have paid on the money you set aside.
Watch this video to learn more about your Flexible Spending Account
FSA BASICS
- Money deducted from your paycheck pre-tax
- Used for eligible healthcare or dependent care expenses
- Unused money is forfeited at the end of the year
- Youthforce will do a $250.00 stipened for the 2025 Plan year
- Everyone must re-enroll every year
USING YOUR FSA
- Pay out-of-pocket or mail in a claim form for reimbursement
2. You will receive FSA debit MasterCard issued by Isolved
Contact the provider of these benefits by calling this phone number or visiting this website: Isolved Benefit Services Customer Service - (866) 370-3040, www.isolvedbenefitsservices.com
Maximum Contribution
Health Care FSA Plan1,2
IRS Contribution Limit: $3,300
Youthforce NOLA Contribution: $2503
Your Max Contribution: $3,300
Sample Expenses: Medical, dental, vision, pharmacy copays, deductible & coinsurance, glasses, contacts, vision correction surgery
Dependent Care Flexible Spending Account1,2
Single or married filing a joint return: $5,000
Married filing separate return: $2,500
Sample Expenses: daycare, after-school care, elder care
- The IRS requires you to keep copies of all expenses in which your FSA dollars were used.
- Annual pledged contribution is available to the extent of employee contribution.
- All employees will receive a $250 stipend to FSA cards to buffer medical, dental, and vision costs.
QUESTIONS? CONTACT THE CARE LINE
Care Line is an NFP-sponsored program that is staffed by dedicated professionals to help you understand the benefit options made available to you. Whether you have concerns about a recent claim or bill, finding an in-network doctor or just some guidance on which medical plan is right for you and your family, the Care Line can help educate and advocate. The Care Line is available to all employees and children over 18 who are enrolled on the benefit plan.
Contact the Care Line at (844) 717-8777, or you can submit your questions at callthecareline.com.
The Care Line is open Monday - Friday from 8:00 am - 7:00 pm (EST).
