The Montana University System Flexible Spending Account plan is administered by WageWorks, Inc.
Flexible Spending Accounts allow the use of pre-tax dollars for reimbursement for eligible out-of-pocket medical or child care expenses. You must elect amounts to be withheld from your earnings each year during annual enrollment.
|FSA Account Types||Annual Amount||Qualifying Expense Examples|
|Health Care FSA||Minimum: $120
|Medical expenses, including but not limited to, deductibles, coinsurance, copays, and Rx expenses|
|Limited-Purpose FSA||Minimum: $120
|Dental and Vision expenses only, including but not limited to, dental exams, dentures, contacts, eyeglass frames and lenses.|
|Dependent Care FSA||Minimum: $120
|Costs for day care provided to your child(ren) under age 13, or other dependents unable to care for themselves, and necessary for you to remain gainfully employed.|