• Flexible Spending and Commuter Benefits with P & A Group

FSA Piggy Bank
  •  

    ANNOUNCEMENT

    Effective January 1, 2020 the Buffalo Public Schools will be switching FSA providers from Benefit Resource, Inc. to P&A Group.  

     

    If you are currently enrolled in an FSA or Commuter Benefit Plan, please continue to use the information below to access your account and/or submit a claim.  The website will be updated with additional information as we move closer to the transition date.

    **********************************

    The Flexible Spending Account program is a benefit that enables you to place pre-tax dollars in an account for unreimbursed healthcare or dependent care expenses. Employees determine the amount to contribute for the year via payroll deductions. It is called your annual election. There are two types of Flexible Spending Accounts: Medical FSA’s and Dependent Care FSA’s.

     

    Enrollment:

    Initial enrollment must occur within 30 days of hire or during the open-enrollment period (November 1st – November 30th).  Your annual election will be deducted over 19 pay periods. You must re-enroll during Open Enrollment to continue participation each calendar year. 

    Plan Year:  January 1 through December 31; 2019.2020 Contribution Schedule

     

    Medical FSA - health care expenses that are eligible for reimbursement under the FSA plan include medical, dental, vision and other expenses not covered under your health insurance (such as co-payments, deductibles and prescription drugs). 

    • Maximum annual election - $2,700 maximum 
    • Minimum annual election - $200 minimum.
    • $500 Roll-over feature. Up to $500 in unused funds can roll from one plan year to the next. Any excess funds in excess of $500 will be lost. Rollover funds will become available on your Beniversal Card in April even if you do not re-enroll for 2019. Separation from service is the only circumstance that would prevent you from utilizing the roll over funds in the future.
    • All eligible expenses must be incurred by December 31st. If you choose to use paper Reimbursement Claim Forms they must be submitted by February 28th. 
    • If you plan to retire you may choose to accelerate your contributions to continue your participation for the remainder of the plan year.

     For  a comprehensive table of eligible medical expenses please click on the link below:

     Eligible Expenses

     

  • Dependent Care FSA - expenses that are eligible for reimbursement include such items as childcare and eldercare services.  The Dependent Care FSA can help you pay your eligible out-of-pocket dependent care costs. Expenses are limited to household services or the care of one or more qualifying individuals (i.e., a dependent child less than age 13 or a dependent adult), while you are at work.

    • Maximum annual election - $5,000 (if single or if married and filing jointly)
    • Maximum annual election - $2,500 (if married and filing separately) 
    • Minimum annual election -  $200
    • Roll-over feature does NOT apply; All unused funds are lost
    • All eligible expenses must be incurred by December 31st. Reimbursement Claim Forms must be submitted by February 28th.  

     

    RESOURCES TO DETERMINE IF AN FSA

    IS RIGHT FOR YOU!

     

     

    When you enroll in an FSA, you recieve the P&A Group Benefits Card.  This is a convenient debit card that can simplify the process of paying for eligible expenses under your FSA, such as co-payments, prescriptions, glasses, dental expenses, and more.  More information on the Benefit Card is available HERE.

     

    Estimate how much you can save per year by using this on-line FSA Calculator

     

    Check out this list of Medical and Dependent Care Eligible Expenses.  This list is not inclusive, so if you are unsure if an expense is eligible for reimbursement, please call P & A Group at (800) 688-2611, Monday through Friday from 8:30AM to 10:00PM EST. You may also download a printable version of the eligible expenses list:  FSA Eligible List

     

    How do I know that my store will accept my FSA Debit Card for medical expenses?  Use this store locator to identify a list of providers that accept the Benefits Card. 

     

    Enrollment Forms are below, in the "Related Files" section. 

    CURRENT PARTICIPANTS ARE REQUIRED TO RE-ENROLL IF THEY WISH TO CONTINUE TO CONTRIBUTE TO THEIR FSA.

     

    **********************************

     

    Commuter Benefit Plan - The commuter benefit plan allows you to set aside money – tax free – for mass transit and parking expenses associated with your employment.  Members of BCSA, BEST, PCTEA and Exempt Administrators are eligible for this benefit.  

     

    Participating in the Commuter Benefit Plan will enable you to save taxes on the money you use to pay for work-related mass transit and parking. You may elect to reduce your taxable pay by the amount you expect to pay for parking and or transit. The amount you elect is withheld from your paycheck. Your payroll withholdings are credited to an account that is available to pay the cost of your eligible expenses.  

     

    Parking (tax shelter the cost of your Parking expenses)

    • Maximum annual election -  $265 per month
    • Minimum annual election -   $10 per pay

     

    Mass Transit (tax shelter the cost of your Mass Transit expenses)

     

    • Maximum annual election - $265 per month
    • Minimum annual election -  $10 per pay

     

    Enrollment forms are below in "Related Files". 

    CURRENT PARTICIPANTS ARE NOT REQUIRED TO RE-ENROLL.