GHO - 2024 Employee Benefit Guide (FINAL 6.26.2024) SP

FLEXIBLE SPENDING ACCOUNTS

PRE-TAX BENEFIT

EXAMPLES OF ELIGIBLE EXPENSES x Medical Plan Deductibles x Most Insurance Copayments x Prescription Drugs x Some OTC medicines x Vision Exams/Glasses/ Contacts x Laser Eye Surgery x Dental and Orthodontia (Braces) x Birth Control Pills/Devices/ Procedures x Daycare x Day Camp x Eldercare x Before and After School Care

CONTRIBUTION LIMITS

ACCESS TO FUNDS

ACCOUNT TYPE

There is no minimum contribution per year

Allows immediate access to the entire contribution amount from the 1st day of the benefit year, before all scheduled contributions have been made

x Save 20% - 40% on your health care expenses

Health Care FSA

Maximum contribution is $3,200 for the 2024/2025 plan year

x Save on eligible

purchases not covered by insurance

x Reduce your taxable income

You will be able to submit claims up to your year-to-date accumulated amount in your account

There is no minimum contribution per year

Dependent Care FSA

Maximum contribution is $5,000 for the 2024/2025 plan year

(You will only be reimbursed based on your accumulated contribution amounts) Employees may be required to provide substantiation to complete the processing of your claim and are responsible to check their balances. For questions please contact Participant Services at 800.473.9595 or log in to benefitresources.com

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QUESTIONS? Call BenefitsVIP at 866.284.2053