Flexible spending accounts (FSAs) help you save money by using pre-tax dollars to pay for certain health care and dependent care expenses. The money you put into these accounts is taken out of your paycheck before taxes are withheld, so you end up paying taxes on a smaller amount of income. This means more take-home pay for you!
FormFactor offers hHealth Care FSA with Debit card and $500 Carryover Feature. In this plan, you may set aside up to the IRS maximum of $2,550 per year to pay for out-of-pocket medical, prescription, dental, and vision care expenses for yourself and your eligible family members—even if you do not cover your family members under the company’s health care plan – Qualifying expenses include deductibles, coinsurance, office visit copays, prescription drug copays, orthodontia, contact lenses and solution, physical therapy, lab work, and laser vision correction.
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Updated Mar 7, 202310 employees reported this benefit
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