FSA / HRA

Flexible Spending Accounts (FSA) and Dependent Care Account (DCA) and Health Reimbursement Arrangement (HRA)

 FSA: For medical expenses, you may sign up for a flexible spending account (FSA).   This is a pre-tax payroll deduction and allows you contribute up to $2,750 per plan year to help cover costs that are out of pocket for Medical, Dental, Rx, Vision, and some over the counter medicines.

DCA:  This account will reimburse you with pre-tax dollars for daycare expenses for your child(ren) and other qualifying dependents so you (and your spouse) may work or go to school. You can contribute up to $5,000 a year or $2,500 if your Spouse also elects a DCA and you file separate tax returns.

Eligible Dependents include:         

1. Children under age 13 who qualify as dependents on your federal tax return.         

2. Dependents of any age who are physically or mentally unable to care for themselves and  who qualify as dependents on your tax return

HRA:  Our medical plan is a HRA which means that while we offer a plan with a High Deductible, you are not responsible for paying the entire amount.  PALCS will pay 85% of the total In-Network Deductible after you, as the Employee, pay the first 15%.

For all of these plans, please contact the Benefits Administrator, George Stulak, x1130 or GStulak@palcs.org, with any questions.