Flexible Spending Account and Dependent Care FSA

Administered by Fidelity

Health Care Flexible Spending Account
If you have not elected an HDHP, you may participate in the Health Care FSA. The FSA allows you to set aside a portion of your salary, pre-tax. You may use these funds to pay for eligible medical, dental, and vision expenses for you, your spouse, and your eligible dependents, as long as they are claimed as dependents.

FSA Highlights:
  • You can make an annual contribution between $120 and $3,300.
  • Be conservative! The IRS has a 'use it or lose it' rule which states that you lose any unused balance in your account at the end of the plan year over $500.
  • Receipts may be required for transactions. Failure to submit a receipt within 100 days will result in debit card denial until receipt is supplied.
  • All requests for reimbursement of expenses incurred during the calendar year must be filed within 90 days of the following year.


Dependent Care Flexible Spending Account

A Dependent Care FSA plan allows you to set aside pre-taxed contributions to reimburse yourself for dependent care expenses, such as child day care. You may participate in the reimbursement benefit even if you do not enroll in any other Quanta benefit.

DCFSA Highlights:

  • You can make an annual contribution between $120 and $7,500.
  • Be conservative! If you do not use the money in your account within the plan year, you lose it.
  • Funds are reimbursed only as they become available in your account (not in a lump sum).
  • Reimbursement is based on the date the expense is incurred, not billed.
  • Expenses must be for dependent children age 13 who you claim on your taxes, or a disabled spouse or dependent of any age. You and your spouse must be employed, or your spouse must be a full-time student or looking for work.


Keep all receipts and documentation for tax purposes!