January 31, 2023

Flexible Spending Accounts

'For Your Benefit' Current Issue  / Employee Benefits  / Flexible Spending Accounts  / For Your Benefit
Save Money with a Flexible Spending Account
ERSC Posted On October 10, 2022


Flexible spending accounts (FSAs) let you set aside a specified dollar amount from your pay “pretax” to pay for qualifying out-of-pocket medical and dependent-care expenses. This amount reduces your gross pay and is sheltered from taxes. Find out if an FSA is right for you.


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Deadline for Submitting 2022 Flexible Spending Account Claims to Return to Pre-COVID-19 Schedule

If you are one of the many employees who has a flexible spending account (FSA) in 2022, you will need […]

ERSC Posted On May 16, 2022

COVID-Relief Flexible Spending Account Rules Provide Longer Grace Periods to Spend Unused Balances

Rules signed into law in late 2020 under the COVID-related Tax Relief Act of 2020 provide financial relief and flexibility […]

ERSC Posted On February 15, 2022

Save Money with a Flexible Spending Account

MCPS flexible spending accounts (FSAs) allow you to set aside a specified dollar amount from your gross pay—“pretax”—to pay for […]

ERSC Posted On October 11, 2021

New COVID-Relief Flexible Spending Account Rules Announced

New rules signed into law in December under the COVID-related Tax Relief Act of 2020 provide additional financial relief and […]

ERSC Posted On February 16, 2021

Save Money with a Flexible Spending Account

MCPS flexible spending accounts (FSAs) allow you to set aside a specified dollar amount from your gross pay—“pretax”—to pay for […]

ERSC Posted On October 12, 2020

Submit 2019 FSA Claims to Benefit Strategies by the Deadline or Risk Losing Your Balances!

If you are one of the many employees who had a flexible spending account (FSA) in 2019, it is time […]

ERSC Posted On February 14, 2020

Save Money with a Flexible Spending Account

MCPS flexible spending accounts (FSAs) allow you to set aside a specified dollar amount from your gross pay—“pretax”—to pay for […]

ERSC Posted On October 7, 2019

Submit 2018 FSA Claims to Benefit Strategies by the Deadline or Risk Losing Your Balances!

If you are one of the many employees who had a flexible spending account (FSA) in 2018, then it is […]

ERSC Posted On February 15, 2019

Save Money with a Flexible Spending Account

MCPS flexible spending accounts (FSAs) allow you to set aside a specified dollar amount from your gross pay—“pretax”— to pay […]

ERSC Posted On October 5, 2018

Submit 2017 FSA Claims to Benefit Strategies by the Deadline or Risk Losing Your Balances!

If you are one of the many employees who had a flexible spending account (FSA) in 2017, then it is […]

ERSC Posted On February 15, 2018

Save Money with a Flexible Spending Account

MCPS flexible spending accounts (FSAs) allow you to set aside a specified dollar amount from your gross pay “pretax” to […]

ERSC Posted On October 8, 2017

Submit 2016 FSA Claims to Benefit Strategies by the Deadline or Risk Losing Your Balances!

If you are one of the many employees who had a flexible spending account (FSA) in 2016, then it is […]

ERSC Posted On February 15, 2017

Medical FSA and Young Adult Dependents

The Affordable Care Act extended medical and prescription benefit coverage to young adult dependents up to age 26. However, it […]

ERSC Posted On February 15, 2017


Save Money with a Flexible Spending Account

MCPS flexible spending accounts (FSAs) allow you to set aside a specified dollar amount from your gross pay—“pretax”— to pay […]

admin Posted On October 5, 2016