Wellness Vs. Fitness
Eligible bills are limited to dental and vision care companies/products that meet the IRS definition of medical care. Employees working for an executive branch company or an agency that has adopted the Federal Flexible Benefits Plan (“FedFlex”) may elect to take part in the Federal Flexible Spending Account Program (FSAFEDS). The only exception(s) are intermittent or “when actually employed” (WAE) staff who are expected to work lower than six months in a calendar yr. Under the Internal Revenue Code, annuitants (other than reemployed annuitants whose employment status is full-time) can’t take part in the FSAFEDS Program.
Participating in a flexible spending account (FSA) is a approach to put aside part of pre-tax wages for payment of eligible bills. The Federal personnel system supplies workers appreciable flexibility in scheduling their hours of work and taking day off for routine medical examinations and preventive screenings. Agencies ought to evaluate … Read More
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