The Department of Employee Trust Funds (ETF) has indicated that participants in the Health Savings Accounts, Flexible Spending Accounts, and Commuter Fringe Benefit Accounts may have received a new TASC debit card if their TASC card was set to expire. TASC’s system automatically generates new cards 30 days prior to the expiration date. TASC has indicated that they’re not able to put a stop to issuing new cards since it’s an automated process.
If you are questioning why you received a new TASC FSA card, you may disregard the card since those cards will no longer be active after December 31, 2019.
TASC HSA Card Reminders:
- Participants may continue to use their TASC HSA cards until February 2, 2020 if they have a balance in their HSA and have electronically authorized the transfer of their HSA to ConnectYourCare.
- Participants may continue to use their TASC HSA cards indefinitely if they have a balance in their HSA and have not electronically authorized the transfer of their HSA; however, participants will be responsible for their monthly administrative fees with TASC.
Additional FAQ’s have been added to the FSA & HSA Vendor Change page to help clarify this situation.