If you do not use the benefit card at the time of your purchase, you can pay for the purchase out of pocket. If you are unable to find your receipt, please contact a Customer Service Representative to assist you at 866-370-3040 or via email at fsa@infinisource.com. Use the Benny Card to pay for your FSA expenses. How Long Will My Retirement Savings Last? … And your FSA activity is just part of what makes the Sentinel Benefit app so beneficial. Teaching Your College Age Child About Money, Planning for the Financial Impact of Children, The Joys and Financial Challenges of Parenthood, Debt Consolidation: One loan to rule them all, Everything You Need to Know About Your Credit Report, Understanding Investment Terms and Concepts. Click the appropriate role below to login to your HSA, HRA or FSA account. Eyeglasses. And it’s easy to use. For example, you could: Typically, the only time you may elect to participate in the FSA plan is during your company’s open enrollment period. A FSA Debit Card is a type of debit card issued in the United States.It can access tax-favored spending accounts such as flexible spending accounts (FSA) and health reimbursement accounts (HRA), and sometimes health savings accounts (HSA) as well. If you have any questions concerning products available, product pricing or product delivery, please contact drugstore.com directly. After two weeks have passed, Benny will update their online account with their TPA and HSA/FSA vendor. Member FINRA & SIPC. Get … Chard Snyder is a third party administrator (TPA) of employee benefits plans. If you have had an account managed by Chard Snyder previously while working at UVA, you will reuse the same Benny Card… View your FSA balance at a pharmacy—before you get into the check-out line. Manage your FSA, HRA, HSA, and other benefit accounts with just the swipe of your PBS benefits card. Because it’s a Visa card, you can use it most anywhere. Learn More > Employees may carry over up to $500 of any remaining Healthcare FSA balance at … Health Savings Accounts (HSA) Offered to employees enrolled in a high-deductible health plan, an HSA … If you do not use the benefit card at the time of your purchase, you can pay for the purchase … BAS FSA Administration and Benny Card Posted by BAS - 22 June, 2017 BAS provides flexible spending account claims review and processing for FSA clients. Benny Card FAQ provided by Benefit Allocation Systems. If your employer offers an FSA through Sentinel, you’ll have the added convenience of accessing your FSA funds with our Benny Visa Debit Card. All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. A: Yes. New Mobile Applications for Apple and Android powered devices – check account status, file claims via your smart phone camera, texts alerts etc. ©2020 Benefit Advantage Inc. All Rights Reserved. With Benny™, your utilizing your FSA, HSA, or HRA is: Cash flow friendlyYou don’t have to use cash at the time of purchase. What is an Income-Driven Repayment Plan for Student Loans? The Benny card is designed to help you: Use our free and secure app to take control of your FSA account no matter where the day takes you. “Benny” is a special benefits debit card that contains the value of the annual FSA election amount and/or can access funds in your Health Savings Account, Health Reimbursement Account, and/or Transit/Parking Accounts. If your employer allows payments of FSA through a payment card – you have convenience in the palm of your hand! Chard Snyder is a third party administrator (TPA) of employee benefits plans. Benny Cards are smart cards, meaning they will only work for allowable expenses. All rights reserved. Chard Snyder is a third party administrator (TPA) of employee benefits plans. Benny Card FAQs Your Employer has chosen to offer an electronic payment card program (debit card, credit card, or similar method) to pay expenses from the Health FSA. EasyA simple swipe of the Card makes it hassle-free! Find more information on additional items … If you sign up for an FSA, then you will receive a Flex Benefit Card in a few weeks. It’s important to make sure Infinisource receives the documentation to release your Benny® Prepaid Benefits Card for future use. A limited FSA only allows reimbursement for vision and dental expenses. As long as you have sufficient funds in your Health Care FSA and/or HRA for the balance due, simply write the Benny™ Card number on your statement and send it back to the provider. With … At the Amazon.com FSA and HSA store, we take the guesswork out of shopping for FSA-eligible items by providing a large selection … Our secure app makes managing your health benefits easy through real-time access and intuitive navigation to all your important account information on the go! What's The Difference Between an FSA and HSA? Our sole business mission is to deliver hassle-free, Section 125 cafeteria, flexible … With an isolved Benefit Services Flexible Spending Account, you'll be freed from tedious recordkeeping. Employees are being asked to take on more … use your Benny card (FSA Benefit Debit Card FAQ. and the Parking elections to $270.00/mo. For plans that allow the purchase of over-the-counter items, the card works at retail establishments that have implemented an Inventory Information Approval System (IIAS). A Limited Purpose Medical FSA works with a qualified high deductible health plan (HDHP) and Health Savings Account (HSA). Further, Sentinel is not a pharmacy and is not in the business of distributing pharmaceutical products and makes no warranty or representation that products offered are suitable for your condition. In some cases, an expense paid with the debit card can be automatically substantiated at the point of sale (for example, when the card is swiped for a copayment under the plan). If you prefer to take it faster, you can . (Check with your HR department to learn which FSA accounts your employer is offering.) Use the FSA Savings Calculator to see how much you can save. Insurance Beneficiaries: There's more than one choice! Simple, intuitive website & FSA debit cards let participants easily track, manage & access FSA funds. The information provided is for educational and informational purposes only and is not intended, nor should it be interpreted, as an offer, solicitation, or recommendation to purchase or sell any security mentioned. When you open an FSA and/or a Dependent Daycare Reimbursement Account, you will receive your prepaid benefits card, the Benny Card, in the mail to your home address. (If you have both accounts, funds will be "stacked" on one card. It is an alternative to the traditional method of filing claims. By offering an FSA, the employer saves payroll taxes and the employee saves FICA, Federal and State taxes. Disclosure Notification. Whenever you make an out-of-pocket health care purchase normally covered by your insurance provider -- be it a prescription or a pair of crutches, for example -- the Benny Card will send the pre-tax cost of the purchase to your insurance company for reimbursement. Some expenses may be validated at the time the expense is incurred (like co-pays for medical care). Sentinel Benefits & Financial Group and eMoney Advisor, LLC, Broadridge Investor Communication Solutions, Inc., and Zywave, Inc. are separate, unaffiliated companies that are not responsible for each other's services and products. Requests for the Benny Card received after this timeframe will be issued within 10- 15 days of the receipt of the form. FSA Flexible Spending Account Understanding Flexible Spending. Immediate access to FSA funds with our Benny VISA Debit Card Take the next step. Founded in 1988, we provide customized benefit solutions that meet the needs of organizations nationwide for flexible … For other expenses, the card … Are 529 College Savings Plans a Good Way to Save for College? Flexible Spending Accounts (FSA) can save you up to 40% on expenses you already pay for. Sentinel does not receive compensation from drugstore.com and as such, Sentinel is not responsible for product availability, product pricing or product delivery. If your employer offers an FSA through Sentinel, you’ll have the added convenience of accessing your FSA funds with our Benny Visa Debit Card. Your HRPro Benefit Card. Click here for a list of frequently asked questions regarding the Benny Card. Full amount of available funds is automatically loaded onto the card for immediate use. Save up to 40% by using your pre-tax FSA funds, and get Free Shipping on all orders over $50. Put money in your flexible spending account (FSA) to save on eligible medical expenses. Your questions and feedback are important to us. If you have questions about your Benny Card or your FSA/HRA program, please contact us at 1-800-945-5513 or Info@BASusa.com. From 401(k) balances to HSA and HRA info, it offers information you should never go without. Eliminate out-of-pocket expenses and paperwork. Save on day care and transportation with similar reimbursement accounts. Upon final notice the Benny Card will be frozen until substantiation is received. Thousands of FSA-eligible products on sale now! If you still have a Benny™ Card, you can continue using it until it expires or is replaced with the new card. FSAs allow you to pay for certain medical and dependent care expenses tax-free, through payroll deductions. HSA's: Are they just what the doctor ordered? Medical FSA, Dependent Care FSA, HRA, HSA, Commuter plans etc.) do not repay an expense that is determined to be an ineligible expense, your Benny Card may be permanently suspended and will not be reactivated. Navigate Your Healthcare FSA . You can use the card at … 529 Plans vs. Other College Savings Options, 529 Plans: The ins and outs of contributions and withdrawals. Advanced Benefit Strategies is an industry leader in Flexible Spending Account administration. Eat In Now, Fine Dine Later: Closing the retirement income gap, 10 Years and Counting: Points to consider as you approach retirement, Common Factors Affecting Retirement Income, Tax Credit for IRAs and Retirement Plans (Saver's Credit), What to Do With Your Retirement Account If You Leave Your Job, Online Cybersecurity Advice for All Digital Citizens, Privacy Tips for Using Public Computers & Wireless Networks, Tips for Parents on Raising Privacy-Savvy Kids, Digital Bliss – Online Safety Tips for Planning Your Nuptials, Keeping Up With Generation App: NCSA Parent/Teen Online Safety Survey, Required Minimum Distribution Rules for Beneficiaries, 5 For 5: Investing & the Upcoming Election, Use the FSA Savings Calculator to see how much you can save. © 2020 Sentinel Benefits & Financial Group, All Rights Reserved. The Complete FSA Eligibility List. To help offset the expense, a Flexible Spending Account (FSA) allows you to set aside a portion of your paycheck using pre-tax dollars. View our list of eligible expenses. Very diverse in plan designs. Benny Card. Choosing a Beneficiary for Your IRA or 401(k). If your employer has made the Benny debit card option available to you, download a PDF of the Benny Prepaid Visa Card Brochure, FSA FAQ 2012 and important information about receipts to learn more about it. Inside RX . 1/1/2021 - DO NOT use the Benny card to pay for 2020 incurred HCFSA or DCFSA expenses. Your Benny card can continue to be used for these purchases. Each pay period, your employer deducts the amount that you elect directly from your “gross” wages. Our Quick Reference Card will help you navigate the site and get the most out of your online account, as well as how to log in for the first time. Your year-end W-2 form from your employer will properly notify all of the government agencies of your participation in the program. Health Savings Accounts (HSA) Offered to employees enrolled in a high-deductible health plan, an HSA lets employees set aside money on a pre-tax basis to pay … Beyond the new look, it still works the same way and offers the same convenience as the Benny™ Card. The Benny™ Card now has a new name and look: WEX Health debit card. Click the link above to access your personal account, and if you have any questions, you can get assistance by calling 877-732-8125 or emailing us at support@abs125.com. Orthodontics. Your Flex Plan Portal lets you access your FSA or HRA claims information securely, easily, ... discount stores, department stores and supermarkets where you can use your Benny debit card … What Is the Impact of Early Withdrawal from My 401(k)? © WEX Health Inc. 2004-2020. Get a Quote. FSA dollars can be used during the plan year to pay for qualified expenses and services. The ABS Difference. FSA Flexible Spending Account Understanding Flexible Spending. Have You Made Any of These Financial Mistakes? If your benefits plan includes an FSA, HSA or HRA, you may have been given a benefits card, or Benny Card. Benny™ Card The Benny™ Prepaid Benefits Card is a product of Evolution Benefits. The PBS solution includes the use of the PBS Prepaid Benefits Card, which when coupled with our web-based administration and customer service commitment — differentiates us — from our competition and optimizes our over-all client services model. A healthcare Flexible Spending Account (FSA) allows you to set aside money for non-reimbursed healthcare expenses on a pre-tax basis. 1/1/2021 - DO NOT use the Benny card to pay for 2020 incurred HCFSA or DCFSA expenses. Doing things differently for self-funded employers UCHealth Plan Administrators, a division of UCHealth, is a third party administrator that provides self-funded employers the opportunity to think about health care in a whole new way and actually do things differently. You can pay less in taxes and increase your take-home pay by signing up for a healthcare FSA, a dependent care FSA, or both. The Flex Benefit Card is an easy, automatic way to deduct your qualified purchase direct from your FSA account. Just because they aren’t typically covered by health insurance doesn’t mean you don’t need them. The card is linked to your account and makes it easy to pay for qualified health care benefit expenses. If you submit a completed FSA Debit Card Request form to ASIFlex during Open Enrollment or by December 2011, you will receive the card by mid-January. It is a part of each of our programs including Flexible Spending Accounts, Health Savings Accounts, Health Reimbursement Accounts, and Transit/Parking. The Card is used, instead of cash, to pay for qualified health care expenses. … Simple to trackYour current balance is available 24/7 online. Benefits Debit Card FAQ ... about using the Wex Health Pre-Paid Benefits Card to pay for … The Flex Benefit Card is an easy, automatic way to deduct your qualified purchase direct from your FSA account. Every dollar contributed to your FSA is made on a before-tax basis. Save time and hassles while making the most of your HSA, HRA and FSA health benefit accounts by quickly checking your balances and details. Limited FSA (LFSA) IRS Publications. When completing the form, mark both boxes if this applies to you.) We know that health care coverage and other employee benefits are changing. You simply save your receipts in case you need them to verify an expense later. “Benny” is a special benefits debit card that contains the value of the annual FSA election amount and/or can access funds in your Health Savings Account, Health Reimbursement Account, and/or … isolved Benefit Services will guide you through plan design options and provide up to date plan documents. Benny Card FAQ provided by Benefit Allocation Systems. FAQ | COBRA. Please note: Some employers do not offer this feature. Be a better health care consumer by scanning item barcodes to compare prices of items to be sure you are getting the best deal. Insurance products offered through Sentinel Insurance Agency, Inc. Investment brokerage services offered through Sentinel Securities, Inc. Benefits Debit Card FAQ . A standard feature of all of the Benefit Advantage Flexible Compensation Accounts is the Benny Debt Card. As part of its FSA administration, BAS offers employers the ability to provide employees with a debit card for health FSA … Simple, intuitive website & FSA debit cards let participants easily track, manage & access FSA funds. phone (877) 661-4727 The money in your FSA is pre-tax. Use your card to pay for FSA eligible expenses and … Your card will remain suspended until you provide adequate documentation, or until you repay your account with after-tax dollars. Eliminate the hassle of claim submission and waiting for a check! Reach our Call Center Representatives weekdays from 7AM - 6PM CT or send us an email anytime. Founded in 1988, we provide customized benefit solutions that meet the needs of organizations nationwide for flexible spending accounts, health reimbursement arrangements, health savings accounts, smart commuter, COBRA, and other pre-tax benefits. He can expect new health care cards from Excellus due to his plan change, but his HSA vendor will not send a new card for Heidi unless requested. Your Flex Plan Portal lets you access your FSA or HRA claims information securely, easily, and online. Click here for a list of frequently asked questions regarding the Benny Card. Use your card to pay for FSA eligible expenses and automatically create a payment history for your records! ... For a complete merchant list of pharmacies, discount stores, department stores and supermarkets where you can use your Benny debit card … The best way to predict your expenses is to examine prior-year records. Retirement Plan Considerations at Different Stages of Life, Taking Advantage of Employer-Sponsored Retirement Plans, Roth (after-tax) Account or Pre-Tax Account. Before using your Benny Card, you must activate it following the included instructions. The MasterCard Debit Card is a convenient debit card that can simplify the process of paying for eligible expenses. Your Flex Plan Portal lets you access your FSA or HRA claims information securely, easily, and online. NOTE: The Federal Government has defined the requirements for using your PBS Pre-Paid Benefits Card … AutomaticFunds are immediately deducted from your FSA when you incur the expense. Allows for reimbursement of health care expenses. After 1/1/2021, ALL 2020 incurred FSA … Q: Can I use the Wex/Benny™ Card if I receive a statement with a “Patient Balance Due” for a medical service? Manage your FSA, HRA, HSA, and other benefit accounts with just the swipe of your PBS benefits card. Buying Insurance: What savvy consumers should know, Health Insurance and COBRA: Sometimes you can take it with you, Understanding Your Explanation of Benefits (EOB), What to Expect When You're Expecting Social Security, Social Security Retirement Benefit Basics. Benny Card. The easiest way to access your money is the “Benny” Debit Card! Here it is - the most-comprehensive FSA eligibility list available on the web. Sometimes referred to as a cafeteria plan, flex plan, or a Section 125 plan, a Flexible Spending Account (FSA) allows employees to set aside money from of each paycheck into an account before paying income taxes. The first step is to complete the enrollment form, which is available through your HR department. - As a courtesy, we also went ahead and moved your store credits balance over for you from FSA Store to WellDeserved - Your WellDeserved login is the same as your FSA Store one - You can still login to your old FSA Store account and access your order history any time and shop with your FSA card … Immediate access to FSA funds with our Benny VISA Debit Card Take the next step. 1/1/2021 - Start using your Benny debit card to pay for 2021 incurred expenses. Benny Card FAQ provided by Benefit Allocation Systems. Log on to submit a claim. Flexible Spending Account & Health Savings Account Store at Amazon.com. Social Security: What should you do at age 62? It’s that easy! Welcome to My WEX Health Card System Login: IIAS Merchants: 90% Rule Merchants: Policies: Login: First time using My WEX Health Card? Simply swipe Benny each time you incur a qualified health care expense at specific locations that accept MasterCard or Visa, and the amount of your purchase will be deducted from your account(s) – automatically. Your HRPro Benefit Card. If you are unsure whether or not you have the benefit debit card, please contact your human resources manager or plan administrator. A Dependent Care FSA allows reimbursements of dependent care expenses, such as daycare, incurred by eligible dependents. What are the Different Classes of Assets? The Benny Card is an extension of a standard MasterCard to help expedite health related payments. all on one card. Flu Shots. Ability to stack accounts on Benny card (i.e. Resources . This means that FSA contributions are deducted before federal, state, and FICA taxes. The most important question that you will need to answer is “how much money should I contribute?” It’s best to limit your FSA contributions to only the amount that you are fairly certain you will spend during the plan year because money not spent during that time is forfeited. FSA Store. Plus the accounts can be bundled per the wishes of the Employer. Founded in 1988, we provide customized benefit solutions that meet the needs of organizations nationwide for flexible … If your employer allows payments of FSA through a payment card – you have convenience in the palm of your hand! By using Benny, you no longer need to pay cash up front, file claims and wait for reimbursement. Medical and Dental Expenses Publication 502 (PDF) Child and Dependent Care Expenses Publication 503 (PDF) Health Savings Accounts Publication 969 (PDF) ... Activate Your Debit Card Online; COBRA / State Continuation. If you use your own post-tax dollars to pay for your qualified healthcare expenses, you will have to file a manual claim via www.myenroll.com, mail or fax and provide documentation of your expense for reimbursement. If you have questions about your Debit Card or your FSA program, please contact us at 1-800-945-5513 or Info@BASusa.com. See your HR department for more information or check out our comprehensive list of FAQs. Please enter the following information if you would like to: Register a new user account; Recreate a forgotten password; Change your username or password Update: Congress officially passed the CARES Act, which means changes for those with an FSA. PO Box 6617 | Monona, WI 53716 | Tel: 920.339.0351 | Fax: 920.339.0038. A Healthcare FSA allows reimbursements of qualifying out-of-pocket medical expenses. Because it’s a Visa card, you can use it most anywhere. We're here to help. Sentinel Benefits & Financial Group is the brand name for the Sentinel family of companies which includes Sentinel Benefits Group, Inc., Sentinel Pension Advisors, Inc., Sentinel Insurance Agency, Inc., and Sentinel Securities, Inc. Sentinel Benefits & Financial Group and its affiliates do not provide tax advice. As part of its FSA administration, BAS offers employers the ability to provide employees with a debit card for health FSA expenses. Sometimes referred to as a cafeteria plan, flex plan, or a Section 125 plan, a Flexible Spending Account (FSA) allows employees to set aside … Powered by WEX Health Have Questions? How it Works. 1/1/2021 - Your HCFSA carryover amount of up to $550 will be loaded onto your Benny debit card; 1/1/2021 - Start using your Benny debit card to pay for 2021 incurred expenses. Can be grouped with high deductible insurance packages, covering percentages or portions of deductibles, or designed for … Learn more about the FSA and Benny Card. NOTE: The Federal Government has changed effective 2019 the allowable QTA monthly Transportation election to $270.00/mo. Manage Your Account. Use them for a wide range of products and services, including: And that’s just a few examples. Please Register The WEX Card, formerly known as the Benny Card, is a prepaid benefits card that is used to access your Health Reimbursement Arrangement (HRA) and/or your medical Flexible Spending Account (FSA)! Use the card to pay for eligible expenses. The Benny card … Upon final notice the Benny Card will be frozen until substantiation is received. Financial planning and investment advice are offered through Sentinel Pension Advisors, Inc., an SEC registered investment advisor.
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