Are you future

ready?FLEXIBLE SPENDING ACCOUNTS

FROM VOYA FINANCIAL®

Plan for out-of-pocket medical and dependent care costs before the year begins with a Health Flexible Spending Account (Health FSA). Part of being future ready is planning how to pay for upcoming healthcare expenses. With a Health FSA, out of pocket healthcare expenses are covered with pre-tax dollars, so what you contribute to your Health FSA is reduced from your taxable income. And with Voya’s Health FSA, your funds are available 24/7. You can easily access account information, transactions and contributions online or with the mobile app.

Keep your healthcare covered

What is a Health FSA?A Health FSA is an employer-sponsored plan that allows you to deduct dollars from your paycheck and deposit them into a special account that’s exempt from federal income taxes, Social Security (FICA) taxes and, in most cases, state income taxes. The money in a Health FSA can be used for eligible healthcare expenses that are incurred while you are participating in the plan.

Double tax-advantaged

CONTRIBUTE PRE-TAX FUNDS

SPEND FUNDS TAX-FREE1

1The amount you save in taxes will vary depending on the amount you set aside in the account, your annual earnings, whether or not you pay Social Security taxes, the number of exemptions and deductions you claim on your tax return, your tax bracket and your state and local tax regula-tions. Check with your tax advisor for information on whether your participation will affect your tax savings. The list of eligible expenses are set by federal regulations and are subject to change. Contact your Plan Administrator for more information or visit www.irs.gov for details. Health Flexible Spending Accounts (FSAs) are accounts offered by Voya Benefits Company, LLC (in New York, doing business as Voya BC, LLC) and administered by WEX Health, Inc.

How does a Health FSA work?Enroll, elect an annual contribution and start savingBefore you enroll, you must first decide how much you want to contribute to your account(s). Keep in mind that the amount of your pay that goes into a Health FSA may not count as taxable income, so you can have immediate tax savings. You will want to spend some time estimating your anticipated eligible medical expenses for the coming calendar year. Be sure to estimate your healthcare expenses carefully as money left unspent in your Health FSA at the end of the year will not rollover.During enrollment, you will select an annual contribution amount. This amount will be prorated and deducted from your paychecks in equal installments throughout the year. Then, your Health FSA dollars can be used during the plan year to pay for qualified healthcare expenses and services.Contributions are available for reimbursement based on your payroll deduction cycle. As you use your Limited Purpose FSA throughout the year, be sure to save your receipts. You’ll need them to verify your expenses for the IRS. As an account holder, you will have access to a secure web portal and mobile app to save images of your receipts, track your balance and view account details, such as contributions and distributions. You will also be able to report a lost or stolen debit card and connect with customer service through the portal and mobile app.

Do more with a future-ready Health FSAEnjoy tax savingsMake pre-tax deductible contributions and receive tax-free reimbursements for qualified plan expenses. The amount you save in taxes increases with the amount you allocate.

Use the convenient prepaid benefits cardQuickly and easily access funds, and reduce filing hassles and paperwork. Simply swipe the card at the point of sale for eligible services and products that aren’t covered by your insurance.

Access the online consumer portalSecurely access our consumer portal anytime. The site allows you to file claims easily, get email notifications, stay up to date on your balance and find answers to benefit questions.

Download the free mobile appManage your Health FSA on the go with our easy-to-use mobile app. Access your account, verify transaction receipts and request a direct deposit to your bank account – all from your mobile device.

2019 Health FSA maximum annual contribution limit $2,700

INDIVIDUAL

Health FSA dollars are flexibleSave money and pay for eligible healthcare expenses like:• Co-pays and coinsurance • Deductibles for health, prescription, dental or vision plans• Ongoing prescription medications • Glasses, contact lenses or LASIK surgery• Orthodontia care, like braces, or other uninsured dental expenses

For a complete list of qualified healthcare expenses, visit irs.gov and see Section 213(d) of the Internal Revenue Code.

Health Flexible Spending Accounts (FSAs) are accounts offered by Voya Benefits Company, LLC (in New York, doing business as Voya BC, LLC) and administered by WEX Health, Inc.The amount you save in taxes with a Health Flexible Spending Account will vary depending on the amount you set aside in the account, your annual earnings, whether or not you pay Social Security taxes, the number of exemptions and deductions you claim on your tax return, your tax bracket and your state and local tax regulations. Check with your tax advisor for information on how your participation will affect your tax savings. This brochure highlights some of the benefits of a Health Flexible Spending Account. If there is a discrepancy between this material and your plan documents, the plan documents will govern.WEX Health, Inc. reserves the right to amend or modify the services at any time. ©2019 Voya Benefits Company, LLC (in New York, doing business as Voya BC, LLC). All rights reserved. 751175202953--03012019

Are you future ready?We’re here to help. Store and view healthcare spending data, track Health FSA contributions and payment history, and more. Our FSA solutions offer you a tax-free way to pay qualified expenses, and future ready funds available for the year.