The IRS has set the maximum limit that you can elect for the health care spending account at $2,650.00 for 2018. The dependent care maximum remains at $5,000 for 2018.
A Flexible Spending Account (FSA) allows employees to use before-tax dollars to pay for eligible out-of-pocket expenses. Hampshire College has established two types of flexible spending accounts through Benefit Strategies.
Access your flexible spending dollars using the FlexExpress Visa Debit Card. No waiting for reimbursement; simply use your card to pay for qualified medical, dental, and dependent care expenses.
This website is intended as a general overview of Hampshire College benefits plans only. Every effort has been made to summarize these programs accurately. In all cases, the actual provisions of each benefit plan will govern if there is any inconsistency between this site and Hampshire's formal plans or contracts.