Flexible Spending Account

Flexible Spending Account

ASI Disability/Tasc Flexible Spending Account
832.878.2605 district contact Shelli Dean
or email: shelliwdean@sbcglobal.net

800.422.4661 for customer service

TASC Online TASC Website
Please use the FSA Login Instructions Sheet for detailed directions

Benefits of a Flexible Spending Account

Flexible Spending Plans (FSA)

Employees may set aside in a Flexible Spending Account (FSA) a pre-established amount of money per Plan year on a pre-tax basis. The employee can use the funds in the FSA to pay for eligible medical, dependent care, or transportation expenses.

Benefits to the Employee

An employee who participates in the FSA must place a certain dollar amount into the FSA each year. This “election” amount is automatically deducted from the employee’s check (for that amount divided by the number of payroll periods). For example, an employee is paid 24 times a year, and elects to put $480.00 in the FSA. Thus, $20.00 is deducted pre-tax from each paycheck and is held in an account (by the Plan administrator) to be reimbursed upon request.

Cafeteria Plan

A Cafeteria Plan is an employee benefit program. Designed to take advantage of Section 125 of the Internal Revenue Code a Cafeteria Plan allows employees to pay certain qualified expenses (such as health insurance premiums) on a pre-tax basis, thereby reducing their total taxable income and increasing their spendable/take-home income. Funds set aside in FSA accounts are not subject to Federal, State, or Social Security taxes. On average, employees save from $.25 to $.49 for EVERY dollar they contribute to the FSA.

Qualifying Event Information

What is a qualifying event?
A qualifying event is a 30 day event set forth by the IRS/Sect. 125. It is an IRS regulation that allows employees to make midyear election changes to their pre-taxed deductions when a change in a participant’s status occurs.

Read this document on qualifying events to find out how you can add or cancel your plan in such a situation.

"Galena Park ISD is dedicated to promoting wellness"

Welcome to your Employee Benefits home. Here you will find the essential tools to help support your healthcare needs.

Employees will find wellness tips, links to your carrier, informative messages from your benefits office and any important benefit plan updates.

Benefits offerred through GPISD:

• TRS ActiveCare Medical PPO
• United Healthcare Dental PPO
• United Healthcare Dental DHMO
• United Healthcare Vision
• Flexible Spending Account
• Life Insurance
• Disability