WEX is the administrator for the FSAs and HSA. Aetna is the administrator for the HRA within the medical plan.
Account Features
|
Healthcare FSA 1,2 |
Health Savings Account (HSA) 3 |
Limited Purpose Healthcare FSA |
Health Reimbursement Account (HRA) |
Dependent Care FSA 2, 4 |
---|---|---|---|---|---|
Who may enroll? |
All employees, except those in Healthy Plus |
Only employees enrolled in Healthy Plus |
Only employees enrolled in Healthy Plus |
Only employees enrolled in Healthy Premier |
All employees (this account is separate from our medical plans) |
What types of expenses are reimbursable? |
Eligible medical, dental, vision and prescription drug expenses (including copays and coinsurance) |
Eligible medical, dental, vision and prescription drug expenses and some limited over-the-counter items (including your deductible, copays and coinsurance) |
Eligible dental and vision expenses |
The first dollars spent on eligible healthcare expenses will come from the HRA and be applied toward your annual deductible. This will help you meet your deductible sooner |
Eligible dependent care expenses, such as daycare, after-school programs for children up to age 13, and elder care. Note: This FSA is NOT valid for healthcare-related expenses |
How much does Jabil contribute to my account? |
$0 |
$750 (single) $1,500 (2 or more enrolled) (These amounts are prorated based on the date you enroll in and set your HSA contribution amount) |
$0 |
$300 (single) $600 (family) |
$0 |
How much can I contribute (per IRS limits)? |
Minimum: $200 Maximum: $3,050 |
$4,150 (single) $8,300 (family) (combined employee, employer and Virgin Pulse incentives HSA contributions) If you’re between the ages of 55 and 65, you can contribute an additional $1,000 annually |
Minimum: $200 Maximum: $3,050 |
You cannot contribute to an HRA |
$5,000 (or $2,500 if married and filing separate federal tax returns) |
Do leftover funds roll over from year to year? |
No, any funds remaining at the end of the plan year are forfeited. However, you have until March 31 of the next plan year to file any current year claims |
Yes, all of your unused contributions roll over each year |
No, any funds remaining at the end of the plan year are forfeited. However, you have until March 31 of the next plan year to file any current year claims |
Yes, unused funds roll over as long as you remain in Healthy Premier |
No, any funds remaining at the end of the plan year are forfeited. However, you have until March 31 of the next plan year to file any current year claims |
- FSA debit cards can only be used for expenses incurred and paid by December 31, 2024.
- Highly compensated employees are subject to IRS non-discrimination testing that may affect contributions.
- Medicare entitlement may impact eligibility to make or receive HSA contributions.
- Dependent Care FSA participants must also file IRS Form 2441.