A Flexible Spending Account (FSA) allows you to reduce your take-home pay by an amount determined by you each Open Enrollment. The FSA will shelter these earnings from taxes in order to allow you to pay for approved medical, transit and/or dependent care expenses tax-free.
Open Enrollment
All employees currently enrolled in a flexible spending account must remember to enroll online for the new plan year. If you do not re-enroll in a employee funded Healthcare Spending Account or Dependent Care Spending Account each year, you will not have an account.