Flexible Spending Accounts (FSA)

Basics of FSA

Here's how the program works

1. You decide how much to set aside for health and/or dependent care expenses ("annual election" may not exceed maximum limits). This amount is divided by the number of payroll checks you expect to receive the next calendar year (maximum of 24).
2. Through payroll deduction, this amount is taken from your paychecks (before taxes-see example) and deposited to your FSA account(s).
3. You file a claim for reimbursement of an incurred expense. ASI processes your “in good order” claim by the next business day and sends you a reimbursement by direct deposit or check.

If you have questions about enrollment or changes to your existing plan elections, click here.