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:
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:
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!
You can also download the WEX app.
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.
Please contact the Veolia Benefits Center at (844) 690-0918.