The Flexible Spending Account (FSA) program allows employees to set aside money on a pre-tax basis to pay for eligible medical and dependent care expenses annually. Employees decide how much to set aside and that amount is deducted from each paycheck before Federal, State and FICA taxes are calculated. The FSA program is administered by TASC.
TASC has recently released a new Flexible Spending Account (FSA) Participant Guide. This guide is available through the TASC portal, as well as on the UW System Administration website. The Participant Guide includes details on each of the programs offered; Health Care FSA, Limited Purpose FSA, and Dependent Care FSA. The guide also includes information on reimbursement options, the TASC card, Carryover limits, and navigating the TASC Account website and Mobile App.