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Flexible Spending Accounts

   

A Flexible Spending Account (FSA) is a benefit plan administered by Self Funding Administrators that can effectively help you save money. FSAs help reduce your expenses by allowing you to pay for eligible out-of-pocket health care and/or dependent care expenses with pre-tax dollars. Each year you decide how much you wish to contribute to each account based on your needs.

Health Care Account
Your health care account can be used for out-of-pocket medical plan deductibles, co-payments, prescription co-pays and other medical, dental or vision expenses not covered by your employer's plan.

 

Dependent Care Account
If you meet the legal guidelines, eligible expenses can include day care and pre-school costs for children, at-home care providers and adult day care facilities.

For further information on establishing your FSA please contact your human resource department or call our customer support line.


The Benny Pre-Paid Debit Card

The Benny Card is a pre-paid debit card that affords easy access to the pre-tax dollars set aside in your Flexible Spending Account. It can be used to purchase products or services reimbursable under your flex plan guidelines. Only those expenses that are eligible according to FSA regulations will be authorized. You should always save your receipts as SFA may request them to verify expense eligibility. You may still submit receipts to SFA if you are unable to use the card for any reason.

You will receive a monthly statement providing up-to-date information about your account. You may also visit the Benny website at https://www.mybenny.com/ to view your account information at any time.

Once you have enrolled, the Benny Card will be mailed to you along with detailed information regarding the use of the card. If you have any questions regarding the card, your account, or eligible expenses, please contact our Flex Plan Administrators, Michele Ranson at ext. 628.



Self Funding Administrators Corporation
339 Buschs Frontage Rd, Suite 201
Annapolis, Maryland 21409

410-757-4200 or toll free 800-424-8611
www.self-funding-admin.com
email: sysadmin