Flexible Spending Accounts
Flexible Spending Accounts Overview
The accounts can help you pay for expenses that are predictable. They may offer savings, but you should plan carefully.
Here’s how the accounts work:
-Authorize payroll deductions before income and employment taxes are withheld.
-When you have eligible expenses, file your claims for reimbursement from the tax free money you’ve set aside.
Although the two accounts are similar, they are different. Careful planning of the dollar amounts deposited into your accounts is encouraged. For more specific details, please visit www.asiflex.com.
Tax Savings Estimator
Produced by Human Resources
This information represents a summary of benefits provided by the City of Scottsdale to benefited employees. Every effort has been made to report information accurately. All information, including the amount of any benefit and employee eligibility of benefits, is subject to and governed by the terms and conditions of the applicable policy or plan documents. In all cases where any of the information provided differs from the amount of benefit actually provided by the policy or plan, the terms of the legal documents will control.