FSA Option


Medical Flexible Spending Account / Commuter Benefits
Jackson School District


Effective July 1, 2021, our FSA administrator is WEX (formerly known as Discovery Benefits), a global financial tehcnology leader. Be sure to create your online account asap. New help? Contact WEX via toll-free phone at (866) 451-3399 or send a message.

Quick Answers to 10 Top FSA Questions

Employees eligible for District health plans are eligible for the Medical Flexible Spending Account and Commuter Benefits plan. These options help you manage out-of-pocket costs and lower your taxable income by setting aside your contribution amount before taxes are applied.

** Your out-of-pocket costs are more affordable
** Your spendable income increases
** You pay less in taxes

What is a Flexible Spending Account (FSA) / Commuter Benefits Account?
With these options, you can cover the cost of eligible out-of-pocket health care and/or commuter expenses with “before-tax” dollars, almost like an automatic tax deduction. The dollar amount you choose will be transferred from each paycheck, before taxes are deducted, and contributed to your account(s). Then, use your debit card to pay for eligible out-of-pocket expenses or submit a claim for reimbursement.

Our plan administrator is WEX. Learn more about this option with the below resources and links.
Knowledgebase Help Pages
Eligible Expenses
Online Account Login
wex.com

How much can I elect to contribute to my account(s)?
Each year, you choose an amount within a given range to be transferred to your account(s) from your paycheck. It is recommended that you base your designated amount on predictable expenses. The amount you choose will be transferred in equal installments from each paycheck to your account throughout the year. Maximum amounts are announced during each FSA Open Enrollment.

Medical FSA: for the March 1, 2022 through February 28, 2023 plan year, the maximum contribution you can make to your Medical FSA account is $2,850. Based on IRS regulations, there is a $570 carryover for unused Medical FSA funds into the next plan year.

Commuter Benefits: For the March 1, 2022 through February 28, 2023 plan year, the maximum contribution you can make to your Commuter Benefits account is as follows (note, unused funds automatically roll over to the new plan year unless you make a change):

Qualified parking: $280 maximum per month*
Qualified vanpooling/transit passes: $280 maximum per month combined*

Note: you must have funds in your commuter account before you can spend them; you can change your commuter contribution amount at any time.

Which out-of-pocket expenses are eligible for reimbursement?
Specific out-of-pocket expenses are eligible for reimbursement from your account. Visit WEX for help.

What is the WEX debit card?
Participants are issued their own debit card to pay for eligible out-of-pocket expenses; use it to cover expenses on-the-spot. The amount of your out-of-pocket expense is automatically deducted from your account, so no receipts or claim forms are typically needed. Learn more here.

When can I enroll?
You can join the Medical FSA by submitting the Data Collection Worksheet during Open Enrollment to the Health Benefits Department during each FSA Open Enrollment (typically held in January/February for a March 1 effective date). Once enrolled, you must re-enroll each year to continue in the program.

The Commuter Benefits option is a month-to-month benefit, so you can enroll / disenroll at anytime during the year.

What happens if I have money left in my account at the end of the year?

• Health FSA: be aware of the "use-it-or-lose-it" rule; any funds left in your account after any applicable grace period/carryover is applied are forfeited.
• Commuter Benefits: any funds left in your account at the end of the year can be carried into the next year, if you continue to participate.

Can I access my account online?
After your effective date, you can register for a WEX Online Account. Once registered, you can view transaction history, submit claims online, report a lost or stolen debit card, and much more.

Additional Resources:
Benefits Mobile App Flyer
Technology Resources Flyer
WEX Benefits Card Flyer
FSA Carryover Flyer
FSA Grace Period Flyer
Medical FSA Flyer
FSA Claim Form