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Your Veolia Benefits > Learn about Flexible Spending Accounts

Learn about Flexible Spending Accounts

With an FSA, you can set aside tax-free money to pay for eligible expenses.  This information from Optum Financial explains the benefits of participating in a Flexible Spending Account.  Veolia offers the following FSA options, administered by Optum Financial:

  • Health Care FSA (for EPO and PPO plan participants only)
  • Limited Purpose FSA (for HSA plan participants only)
  • Dependent Care FSA

For additional assistance contact Optum Financial at 844-609-1806.

The information below is valid after January 1, 2024.

With an FSA, you can set aside tax-free money to pay for eligible expenses.  Veolia offers the following FSA options, administered by WEX:

  • Health Care FSA (for EPO and PPO plan participants only)
  • Limited Purpose FSA (for HSA plan participants only)
  • Dependent Care FSA

There are specific rules about what types of over-the-counter expenses can be reimbursed from Health Care and Limited Purpose FSAs: view eligible expenses. Most expenses can be paid for using your benefits card, though if you need to submit a claim, watch this video to use WEX’s EOB Smart Scan.

If you have a recurring Dependent Care expense, you can complete a Recurring Dependent Care Request Form.

When you participate in an FSA, you decide how much you want to contribute each plan year (January 1 through December 31), up to IRS annual limits.  The amount you elect to contribute is deducted from each paycheck before taxes are taken out — this lowers your taxable income, which means lower taxes for you!

For additional assistance, learn more on the WEX info site, log into your WEX account or contact WEX through the Veolia Benefits Center at (844) 690-0918.  

You can also download the WEX app.
 

Flexible Spending Account (FSA) Annual Maximums:

The IRS annual maximum amount you may contribute to a Health Savings FSA or Limited Purpose FSA for 2023 is $3,050. The maximum for 2024 is $3,200.

The IRS annual maximum amount you may contribute to a Dependent Care FSA is $5,000.

 

Have More Questions?

Please contact the Veolia Benefits Center at (844) 690-0918.