Flexible Spending Accounts 2022 - WEX

Welcome to WEX!

Carnegie is excited to announce that we will be moving COBRA, HSA and FSA administrators effective 1/1/22. Our new administrator will be WEX

With this change, enrollment will be completed in Ceridian/DayForce during our set open enrollment period, you will have access to WEX’s plethora of resources via their website and mobile app and you will receive a debit card to use throughout the year on qualified expenses. You can enroll in these plans during Open Enrollment.

Flexible Spending Accounts

Flexible Spending Account (FSA) allows you to set aside pre-tax money from your pay into a Health Care, Dependent Care or Limited Purpose Account, you may later repay yourself for eligible expenses incurred in plan year that are not covered by insurance.  Because your contributions are deducted from your bi-weekly pay before federal income, state income, and Social Security taxes have been withheld on these deductions, you save on taxes.

As of January 1 2022, all Flexible Spending Accounts (FSA) are Administered by WEX.     

 

Enrolled in the Aetna Gold medical plan? Click Here for details about your Health Savings Account (HSA).

 

Resources

Attached is information on Medical FSAs, Dependent Care FSAs and HSAs, as well as flyers on WEX’s mobile app and technology that you can take advantage of. WEX provides online resources including a FSA calculator, FSA store and list of eligible expenses. Simply go to http://www.wexinc.com/ to access these tools.

There are various ways you can contact WEX to ask questions before enrolling or throughout the plan year.

 

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