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PRIMEFLEX: FLEXIBLE SPENDING PLANS

PRIMEFLEX: FLEXIBLE SPENDING PLANS . EMPLOYEE ENROLLMENT. Flexible Spending Accounts . Allows employees to pay for their family medical and daycare expenses on a pre-tax basis Reduces taxes Increases take-home pay Typically the only way to deduct these expenses Diversified benefits

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PRIMEFLEX: FLEXIBLE SPENDING PLANS

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  1. PRIMEFLEX:FLEXIBLE SPENDING PLANS EMPLOYEE ENROLLMENT

  2. Flexible Spending Accounts • Allows employees to pay for their family medical and daycare expenses on a pre-tax basis • Reduces taxes • Increases take-home pay • Typically the only way to deduct these expenses • Diversified benefits • Voluntary – Choose what you need • If you have these expenses – Use it!! • Easy

  3. What Flexible Spending Accounts are available? • Medical Flexible Spending Account • Dependent Care Reimbursement Account

  4. Medical Flexible Spending Account • Co-Pays, Deductibles, Prescriptions, Eyeglasses/Contact Lenses, Dental, too! • OTC medicines - “Medically Necessary” • $2,000 maximum contribution limit • PrimeFlex Debit Card • Claim Reimbursement Form • Online submission of claims available • KEEP ALL of your receipts! We will ask for them for some of your expenses.

  5. Dependent Care Reimbursement Account • Child Daycare – under Age 13 • Pre-Kindergarten Expenses / Summer Day Camps • Elder Care if claimed as dependent • Both spouses need to be working! • Maximum election of $5,000 per year. ($2,500 per if married, filing separately) • Form #5 – Claim Reimbursement Form • Online submission of claims available

  6. Enrollment Online

  7. Enter your Dependent Info & your Election

  8. Account Balance Information

  9. Submit Claims Online – 1st Step

  10. Submit Claims Online – 2nd Step

  11. Submit Claims Online – 3rd Step

  12. Monthly Employee Statements*E-mail address must be provided

  13. PrimeFlex Customer Service • www.primepay.com • 24/7 Online Account Access • Claim Reimbursement Forms • Updated list of eligible merchants • Medical and Dependent Care Expense List • 877.7MY.FLEX • 877.6FAX.FSA, fax • primeflex@primepay.com

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