© WEX Health Inc. 2004-2020. The Benny card is designed to help you: Use our free and secure app to take control of your FSA account no matter where the day takes you. “Benny” is a special benefits debit card that contains the value of the annual FSA election amount and/or can access funds in your Health Savings Account, Health Reimbursement Account, and/or Transit/Parking Accounts. Every dollar contributed to your FSA is made on a before-tax basis. The Flex Benefit Card is an easy, automatic way to deduct your qualified purchase direct from your FSA account. Your Benny card can continue to be used for these purchases. This means that FSA contributions are deducted before federal, state, and FICA taxes. It is an alternative to the traditional method of filing claims. From A to Z, every item and service deemed eligible for tax-free spending will be here, complete … The most important question that you will need to answer is “how much money should I contribute?” It’s best to limit your FSA contributions to only the amount that you are fairly certain you will spend during the plan year because money not spent during that time is forfeited. If your benefits plan includes an FSA, HSA or HRA, you may have been given a benefits card, or Benny Card. Benny Card FAQ provided by Benefit Allocation Systems. Each pay period, your employer deducts the amount that you elect directly from your “gross” wages. phone (877) 661-4727 Founded in 1988, we provide customized benefit solutions that meet the needs of organizations nationwide for flexible spending accounts, health reimbursement arrangements, health savings accounts, smart commuter, COBRA, and other pre-tax benefits. FSA dollars can be used during the plan year to pay for qualified expenses and services. Disclosure Notification. EasyA simple swipe of the Card makes it hassle-free! and the Parking elections to $270.00/mo. Very diverse in plan designs. The PBS solution includes the use of the PBS Prepaid Benefits Card, which when coupled with our web-based administration and customer service commitment — differentiates us — from our competition and optimizes our over-all client services model. Sentinel Benefits & Financial Group and eMoney Advisor, LLC, Broadridge Investor Communication Solutions, Inc., and Zywave, Inc. are separate, unaffiliated companies that are not responsible for each other's services and products. Your Flex Plan Portal lets you access your FSA or HRA claims information securely, easily, and online. Medical and Dental Expenses Publication 502 (PDF) Child and Dependent Care Expenses Publication 503 (PDF) Health Savings Accounts Publication 969 (PDF) ... Activate Your Debit Card Online; COBRA / State Continuation. Choosing a Beneficiary for Your IRA or 401(k). Inside RX . Navigate Your Healthcare FSA . Reach our Call Center Representatives weekdays from 7AM - 6PM CT or send us an email anytime. Member FINRA & SIPC. The Benny Prepaid Benefits Card is a special-purpose MasterCard®card that gives participants an easy, automatic way to pay for eligible health care/benefit expenses. After 1/1/2021, ALL 2020 incurred FSA … Employees may carry over up to $500 of any remaining Healthcare FSA balance at … … Manage Your Account. From 401(k) balances to HSA and HRA info, it offers information you should never go without. Benny Card FAQ provided by Benefit Allocation Systems. Benny Card FAQs Your Employer has chosen to offer an electronic payment card program (debit card, credit card, or similar method) to pay expenses from the Health FSA. If you use your own post-tax dollars to pay for your qualified healthcare expenses, you will have to file a manual claim via www.myenroll.com, mail or fax and provide documentation of your expense for reimbursement. Your HRPro Benefit Card. The Complete FSA Eligibility List. The money in your FSA is pre-tax. isolved Benefit Services will guide you through plan design options and provide up to date plan documents. FSA Store. Q: Can I use the Wex/Benny™ Card if I receive a statement with a “Patient Balance Due” for a medical service? (If you have both accounts, funds will be "stacked" on one card. With … Employees are being asked to take on more … Sentinel Benefits & Financial Group is the brand name for the Sentinel family of companies which includes Sentinel Benefits Group, Inc., Sentinel Pension Advisors, Inc., Sentinel Insurance Agency, Inc., and Sentinel Securities, Inc. Sentinel Benefits & Financial Group and its affiliates do not provide tax advice. We're here to help. Our secure app makes managing your health benefits easy through real-time access and intuitive navigation to all your important account information on the go! What is an Income-Driven Repayment Plan for Student Loans? If you have had an account managed by Chard Snyder previously while working at UVA, you will reuse the same Benny Card… When completing the form, mark both boxes if this applies to you.) PO Box 6617 | Monona, WI 53716 | Tel: 920.339.0351 | Fax: 920.339.0038. Please Register All rights reserved. NOTE: The Federal Government has defined the requirements for using your PBS Pre-Paid Benefits Card … The Flex Benefit Card is an easy, automatic way to deduct your qualified purchase direct from your FSA account. At the Amazon.com FSA and HSA store, we take the guesswork out of shopping for FSA-eligible items by providing a large selection … Use your card to pay for FSA eligible expenses and automatically create a payment history for your records! If your employer offers an FSA through Sentinel, you’ll have the added convenience of accessing your FSA funds with our Benny Visa Debit Card. Upon final notice the Benny Card will be frozen until substantiation is received. What are the Different Classes of Assets? Your HRPro Benefit Card. Use the Benny Card to pay for your FSA expenses. Save on day care and transportation with similar reimbursement accounts. To learn more about how our FlexChoice services can stretch the value of your benefits package, contact us today by calling 800-436-6689 or filling out the form to the right. Allows for reimbursement of health care expenses. use your Benny card (FSA BAS FSA Administration and Benny Card Posted by BAS - 22 June, 2017 BAS provides flexible spending account claims review and processing for FSA clients. Upon final notice the Benny Card will be frozen until substantiation is received. Eliminate out-of-pocket expenses and paperwork. Just because they aren’t typically covered by health insurance doesn’t mean you don’t need them. Health Savings Accounts (HSA) Offered to employees enrolled in a high-deductible health plan, an HSA lets employees set aside money on a pre-tax basis to pay … If you have questions about your Debit Card or your FSA program, please contact us at 1-800-945-5513 or Info@BASusa.com. - As a courtesy, we also went ahead and moved your store credits balance over for you from FSA Store to WellDeserved - Your WellDeserved login is the same as your FSA Store one - You can still login to your old FSA Store account and access your order history any time and shop with your FSA card … With Benny™, your utilizing your FSA, HSA, or HRA is: Cash flow friendlyYou don’t have to use cash at the time of purchase. Insurance products offered through Sentinel Insurance Agency, Inc. Investment brokerage services offered through Sentinel Securities, Inc. The Benny™ Card now has a new name and look: WEX Health debit card. Resources . Your questions and feedback are important to us. Be a better health care consumer by scanning item barcodes to compare prices of items to be sure you are getting the best deal. Orthodontics. Sometimes referred to as a cafeteria plan, flex plan, or a Section 125 plan, a Flexible Spending Account (FSA) allows employees to set aside money from of each paycheck into an account before paying income taxes. If your employer allows payments of FSA through a payment card – you have convenience in the palm of your hand! With an isolved Benefit Services Flexible Spending Account, you'll be freed from tedious recordkeeping. Founded in 1988, we provide customized benefit solutions that meet the needs of organizations nationwide for flexible … Chard Snyder is a third party administrator (TPA) of employee benefits plans. ConvenientThere are no forms to fill out. Here it is - the most-comprehensive FSA eligibility list available on the web. Chard Snyder is a third party administrator (TPA) of employee benefits plans. As part of its FSA administration, BAS offers employers the ability to provide employees with a debit card for health FSA … all on one card. Further, Sentinel is not a pharmacy and is not in the business of distributing pharmaceutical products and makes no warranty or representation that products offered are suitable for your condition. If you do not use the benefit card at the time of your purchase, you can pay for the purchase out of pocket. For example, you could: Typically, the only time you may elect to participate in the FSA plan is during your company’s open enrollment period. Update: Congress officially passed the CARES Act, which means changes for those with an FSA. If you have any questions concerning products available, product pricing or product delivery, please contact drugstore.com directly. ©2020 Benefit Advantage Inc. All Rights Reserved. A: Yes. Chard Snyder is a third party administrator (TPA) of employee benefits plans. Powered by WEX Health If you are unable to find your receipt, please contact a Customer Service Representative to assist you at 866-370-3040 or via email at fsa@infinisource.com. If your employer offers an FSA through Sentinel, you’ll have the added convenience of accessing your FSA funds with our Benny Visa Debit Card. If you prefer to take it faster, you can . If you have questions about your Benny Card or your FSA/HRA program, please contact us at 1-800-945-5513 or Info@BASusa.com. The PBS solution includes the use of the PBS Prepaid Benefits Card, which when coupled with our web … Save time and hassles while making the most of your HSA, HRA and FSA health benefit accounts by quickly checking your balances and details. Use the FSA Savings Calculator to see how much you can save. Requests for the Benny Card received after this timeframe will be issued within 10- 15 days of the receipt of the form. A FSA Debit Card is a type of debit card issued in the United States.It can access tax-favored spending accounts such as flexible spending accounts (FSA) and health reimbursement accounts (HRA), and sometimes health savings accounts (HSA) as well. Eat In Now, Fine Dine Later: Closing the retirement income gap, 10 Years and Counting: Points to consider as you approach retirement, Common Factors Affecting Retirement Income, Tax Credit for IRAs and Retirement Plans (Saver's Credit), What to Do With Your Retirement Account If You Leave Your Job, Online Cybersecurity Advice for All Digital Citizens, Privacy Tips for Using Public Computers & Wireless Networks, Tips for Parents on Raising Privacy-Savvy Kids, Digital Bliss – Online Safety Tips for Planning Your Nuptials, Keeping Up With Generation App: NCSA Parent/Teen Online Safety Survey, Required Minimum Distribution Rules for Beneficiaries, 5 For 5: Investing & the Upcoming Election, Use the FSA Savings Calculator to see how much you can save. How Long Will My Retirement Savings Last? Click here for a list of frequently asked questions regarding the Benny Card. Simple, intuitive website & FSA debit cards let participants easily track, manage & access FSA funds. 1/1/2021 - Start using your Benny debit card to pay for 2021 incurred expenses. If you submit a completed FSA Debit Card Request form to ASIFlex during Open Enrollment or by December 2011, you will receive the card by mid-January. AutomaticFunds are immediately deducted from your FSA when you incur the expense. © 2020 Sentinel Benefits & Financial Group, All Rights Reserved. … He can expect new health care cards from Excellus due to his plan change, but his HSA vendor will not send a new card for Heidi unless requested. As long as you have sufficient funds in your Health Care FSA and/or HRA for the balance due, simply write the Benny™ Card number on your statement and send it back to the provider. Benny Cards are smart cards, meaning they will only work for allowable expenses. What is the Debit Card? Put money in your flexible spending account (FSA) to save on eligible medical expenses. How it Works. The Benny Card is effective with the 2012 Plan Year, which begins in January. The information provided is for educational and informational purposes only and is not intended, nor should it be interpreted, as an offer, solicitation, or recommendation to purchase or sell any security mentioned. Flexible Spending Accounts (FSA) can save you up to 40% on expenses you already pay for. View our list of eligible expenses. Beyond the new look, it still works the same way and offers the same convenience as the Benny™ Card. We know that health care coverage and other employee benefits are changing. By using Benny, you no longer need to pay cash up front, file claims and wait for reimbursement. Our sole business mission is to deliver hassle-free, Section 125 cafeteria, flexible … Flu Shots. Click here for a list of frequently asked questions regarding the Benny Card. The best way to predict your expenses is to examine prior-year records. If you sign up for an FSA, then you will receive a Flex Benefit Card in a few weeks. Your card will remain suspended until you provide adequate documentation, or until you repay your account with after-tax dollars. Eyeglasses. FSAs allow you to pay for certain medical and dependent care expenses tax-free, through payroll deductions. Learn more about the FSA and Benny Card. Have Questions? Retirement Plan Considerations at Different Stages of Life, Taking Advantage of Employer-Sponsored Retirement Plans, Roth (after-tax) Account or Pre-Tax Account. FAQ | COBRA. do not repay an expense that is determined to be an ineligible expense, your Benny Card may be permanently suspended and will not be reactivated. Because it’s a Visa card, you can use it most anywhere. 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