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Flexible Spending Accounts

Flexible Spending Accounts give you a way to take home more money in every paycheck! Your eligible insurance premiums and dependent care expenses are deducted from your gross salary - before taxes. Therefore, you pay less in taxes and your spendable income increases.

There are three flexible spending options:
1.  Premium Conversion- Having insurance premiums deducted before taxes.
2.  Health Care Flexible Spending Accounts - Reimbursement of medical expenses before taxes.
3.  Dependent Care Flexible Spending Account - Reimbursement of employment related dependent care expenses before taxes.

Philander Smith College is currently in contract with DataPath Administrative Services for serving of the Flexible Spending Account program.

More Info:
Flexible Spending Information