Benefits - Savings Accounts

Flexible Spending Accounts including Healthcare, Dependent Care, and Limited Purpose. Health Savings Account and Deferred Comp

Savings Account Overview

Current Annoucements

For 2021, the following benefit changes will occur:

  • You can carry over $550 in your Healthcare and Limited Purpose FSA
  • Healthcare and Limited Purpose FSA maximum contributions increases to $2,750
  • HSA  increases to $3,600 for single, and $7,200 for family

Benefits Overview

All employee contributions to a Flexible Spending Accounts (FSA) or Health Savings Account (HSA) are made from pre-tax earnings, lowering your taxable income, and increasing your disposable income. The County offers several different tax savings accounts. Each tax savings account has unique qualified expenses, rules and eligibility to participate. All FSAs & the HSA are administered by Benefits Coordinator Corporation (BCC). Participants will have access to their funds via a debit card, an online platform and mobile app.

Contact Information

BCC is the third-party administrator for all FSA accounts.

Phone: 800-685-6100

Website: https://benefitcc.wealthcareportal.com or FSA Store at: https://fsastore.com/

Customer Service Center hours are Monday - Thursday: 5:00am - 5:00pm PT and Friday: 5:00am - 3:00pm PT

Account

Who can participate?

Maximum Annual Contribution

Plan Overview

Healthcare FSA

All Employees

$2,750/calendar year with a $550 carryover

You can set aside money from your pay, pre-tax, and use it for medical, dental, and vision expenses any time during the plan year. Eligible expenses include medical, dental, or vision costs such as plan deductibles, copays, coinsurance amounts, and other non-covered healthcare costs for you and your tax dependents. You don’t have to enroll in one of our medical plans to participate in the healthcare FSA. See the table on the next page for more information on how to access your FSA account. Beginning 1/1/2021 you can rollover up to $550 of your previous year’s FSA unused balance from one calendar year to another. All other unused funds are use it or lose it.

Dependent Care FSA

All Employees

$5,000/calendar year per Household

Pay for eligible out-of-pocket dependent care expenses with pre-tax dollars. Eligible expenses may include daycare centers, in-home childcare, and before or after school care for your dependent children under age 13. All caregivers must have a tax ID or Social Security number. This information must be included on your federal tax return. If you use the Dependent Care Flexible Spending Account, the IRS will not allow you to claim a dependent care credit for reimbursed expenses. Funds in this account are use it or lose it.

Limited Purpose FSA

HDHP Enrollees Only

$2,750/calendar year

If you or your spouse participate in an HDHP HSA plan, you are eligible for the Limited Purpose FSA which you can use for qualified dental and vision expenses only (not medical).

Health Savings Account (HSA)

HDHP Enrollees Only

$3,600/calendar year for individual

$7,200/calendar year for a family

An HSA is what makes high deductible health plans (HDHP) so popular. It helps with your current healthcare expenses and helps you build a safety net the future. Unused money rolls at the end of the year, earns interest, and can even be invested like a 401(k). After 65, you can even use the money for non-healthcare expenses (subject to your regular tax rate). You own the account, even if you change jobs. You may change the deduction amounts at any time. The contributions are subject to CA state taxes.

Flexible Spending and Savings Accounts (FSA, DCFSA, LPFSA & HSA)

Current Announcements

In response to the COVID-19 pandemic, legislation has provided significant flexibility regarding reimbursements & election changes for those enrolled in an FSA, including Healthcare FSA and Dependent Care FSA (DCFSA). More information on these temporary changes is below.

  • Healthcare FSA Changes - Temporary Unlimited Rollover - Previously you could only rollover up to $550 of any unused balance. The new provisions allow you to carryover your entire unused balance for the 2020 plan year into 2021 and any unused benefits or contributions remaining from the 2021 plan year into 2022.
  • Dependent Care FSA Changes
    • Extended Grace Period - You will now have up to 12 months to submit any eligible expenses that you had incurred in 2020 or any new expenses you incur in 2021. This extended grace period ends 12/31/21. 
    • Specialty rule for Dependents who age out - Eligible expenses for dependents will now allow up to 14 years of age.

Benefits Overview

All employee contributions to a Flexible Spending Accounts (FSA) are made from pre-tax earnings, lowering your taxable income, and increasing your disposable income. The County offers several different tax savings accounts. Each tax savings account has unique qualified expenses, rules and eligibility to participate. All FSAs & the HSA are administered by Benefits Coordinator Corporation (BCC). Participants will have access to their funds via a debit card, an online platform and mobile app.

 

Account

Who can participate?

Maximum Annual Contribution

Plan Overview

Healthcare FSA

All Employees

$2,750/calendar year with a maximum $550 carryover and minimum $10 rollover

You can set aside money from your pay, pre-tax, and use it for medical, dental, and vision expenses any time during the plan year. Eligible expenses include medical, dental, or vision costs such as plan deductibles, copays, coinsurance amounts, and other non-covered healthcare costs for you and your tax dependents. You don’t have to enroll in one of our medical plans to participate in the healthcare FSA. See the table on the next page for more information on how to access your FSA account. Beginning 1/1/2021 you can rollover up to $550 of your previous year’s FSA unused balance from one calendar year to another. All other unused funds are use it or lose it.

Dependent Care FSA

All Employees

$5,000/calendar year per Household

Pay for eligible out-of-pocket dependent care expenses with pre-tax dollars. Eligible expenses may include daycare centers, in-home childcare, and before or after school care for your dependent children under age 13. All caregivers must have a tax ID or Social Security number. This information must be included on your federal tax return. If you use the Dependent Care Flexible Spending Account, the IRS will not allow you to claim a dependent care credit for reimbursed expenses. Funds in this account are use it or lose it.

Limited Purpose FSA

HDHP Enrollees Only

$2,750/calendar year

If you or your spouse participate in an HDHP HSA plan, you are eligible for the Limited Purpose FSA which you can use for qualified dental and vision expenses only (not medical).

 

Important Information About Your FSA:

  • Utilize the FSA Tax Savings Calculator to estimate your tax savings.
  • Select an annual contribution amount up to the annual limit. The amount you choose will be divided evenly by the remaining pay periods in the calendar year and deducted each pay period in the calendar year.
  • You cannot change the contribution amount you select during Open Enrollment unless you have a qualified change in family status.
  • FSA funds can be used for you, your spouse, and your tax dependents only.
  • All eligible expenses must occur in the calendar year.
  • ‚ÄčGrace Period - After the plan year ends on December 31, you have until March 15 to incur eligible expenses and use the DCFSA funds remaining in your account. Claims for expenses incurred during the grace period must be submitted by March 30, the deadline for submitting claims from the previous plan year.
  • Each Open Enrollment you must take action to elect your annual contribution amount for your FSA for the next year. Your previous year election will NOT roll-over.

Contact Information

BCC is the third-party administrator for all FSA accounts.

Phone: 800-685-6100

Email: [email protected]

Website: https://benefitcc.wealthcareportal.com

Customer Service Center hours are Monday - Thursday: 5:00am - 5:00pm PT and Friday: 5:00am - 3:00pm PT

FSA & HSA Debit Card Registration

How to register your Flexible Spending Account (FSA) and Health Savings Account (HSA) debit cards so you can begin using your funds. All new enrollees in an FSA or HSA will receive a debit card in the mail a few weeks after enrollment for new hires or prior to the new calendar year if you enrolled during Open Enrollment. The debit card is valid for three years from the date you received it and can be used for multiple years. Do not throw your debit card away at the end of each calendar year. Instructions are below to request a new debit card or to change your address in BenXcel.

 

Step 1:  Receive your debit card in the mail after completing online enrollment.

Step 2: Register your debit card on the MySmartCare Online Portal.

Use your Social Security Number as your Employee ID and your FSA Benefits Debit Card number as your Registration ID when registering.

    Employer ID: BCCSLO

    Employee ID: Your Social Security Number

By registering your email address, you will receive important push notifications regarding your account balance, year-end reminders, notice of debit card mailed, etc. You can change these notifications to be delivered via text message under your My SmartCare account settings.

Step 3: Configure your account, set up your reimbursement method and payment schedule and request additional debit cards for your tax dependents. You will be able to check your balances, track claims status’ and access the FSA store anytime. Don’t forget to download the mobile app to your cell phone.

Configure-MSC-Account.png

Step 4: Registration is complete, you can begin using your debit card!

 

Contact Information

BCC is the third-party administrator for all FSA accounts and should be contacted for all questions regarding your account or a specific claim.

Phone: 800-685-6100

Email: [email protected]

Website: https://benefitcc.wealthcareportal.com

Customer Service Center hours are Monday - Thursday: 5:00am - 5:00pm PT and Friday: 5:00am - 3:00pm PT

FSA Store 

Calculate FSA Tax Savings

FSA & HSA Submit a Claim for Reimbursement

How to get reimbursed by your Flexible Spending Account (FSA) and Health Savings Account (HSA). You can request reimbursement by utilizing your debit card for automatic reimbursement or submitting a paper reimbursement form. Expenses over $700 will all require additional documentation.

You have several options for reimbursement including direct deposit or paper checks. You can also schedule when you would like to receive your reimbursements throughout the year, in biweekly, monthly, or even one annual installment.

Step 1:  Ensure you have already registered your debit card and login to your MySmartCare account online or on your mobile phone.

Step 2: Click Submit a Claim and follow the prompts. Be sure to have copies of the services provided and your payment. When utilizing the mobile app you can simply take a picture of your documents and upload them.

You may also submit a paper claim form, attach the receipt and submit:

  • E-mail: [email protected]
  • Fax: 412-276-7185
  • Mail: BCC, Attn: Claims Two Robinson Plaza, Suite 200 Pittsburgh, PA 15205
  • Upload via File Transfer Portal: https://secure.benxcel.com

Step 3: Claim submission is complete. BCC will contact you directly if they have any questions about your claim.

Contact Information

BCC is the third-party administrator for all FSA accounts and should be contacted for all questions regarding your account or a specific claim.

 

Phone: 800-685-6100

Email: [email protected]

Website: https://benefitcc.wealthcareportal.com

Customer Service Center hours are Monday - Thursday: 5:00am - 5:00pm PT and Friday: 5:00am - 3:00pm PT