Overview
The health care spending account (HCSA) provides you with the opportunity to fund a wide range of qualifying health care expenses not covered by an insurance plan through pre-tax payroll deductions. Since pre-tax deductions are not considered taxable income, this account can save you money by reducing your taxable income. Any reimbursement that you receive from the HCSA is also tax-free.
Additional Details
Comprehensive information about this benefit plan is contained within the Flexible Spending Accounts Benefit Plan Summary (PDF). In addition, below is some important information about this plan:
Eligibility
You are eligible to participate if you are a regular status, salaried employee of Travelers scheduled to work at least 20 hours a week.
For additional information regarding eligibility, please refer to the eligibility section of the Flexible Spending Accounts Benefit Plan Summary (PDF). If you have questions, contact the Employee Services Unit (ESU) at 4-ESU@travelers.com or 800.441.4378.
Cost
You fund the HCSA with pre-tax payroll deductions. Your deductions are determined by the amount that you elect to deposit for the entire calendar year, or if you are a new hire, the amount that you elect to deposit for the remainder of the calendar year. During Annual Benefits Enrollment, or within 31 days of a qualified status change event, you can elect to deposit any amount between $200 and $5,000 for a calendar year. That amount is then divided equally between the paychecks that you will receive in that calendar year and are deducted from each paycheck on a pre-tax basis.
Once you make an election amount, you cannot change your election amount outside of Annual Benefits Enrollment unless you experience a qualified status change event and the requested change would need to be consistent with the change event. For additional information regarding what constitutes a qualified status change event, please consult the qualified status change section of the Benefit Plan Summaries.
Use the FSA Savings Calculator to determine the amount you should elect for your HCSA.
Related Programs & Resources
Ceridian's Web site contains a host of tools to help you effectively manage your HCSA:
How do I begin?
- Go to www.ceridian-benefits.com.
- For your initial login only, you will use your Social Security number (including dashes, e.g., 111-11-1111) as your login. Your password/PIN is the last four numbers of your Social Security number reversed.
- The system will require you to change your login ID and password/PIN for future access to your account.
- Click on the link "My Spending Accounts."
- If you are unable to access Ceridian online, contact Ceridian customer service at 877.799.8820.
What will I find?
- Account information and current claim status.
- Which payments have been made and payment date.
- How much money you have left in your account.
- Expenses eligible for HCSA reimbursement.
How to Enroll
Access the How to Enroll page for enrollment instructions.
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