If you decide to send funds to yourself, you can choose to transfer the funds to your bank account (if youve linked an account) or request a check. PayFlex Card. Pre-qualified offers are not binding. The PayFlex Card spending made simple The PayFlex Card provides a simple way to spend the money in your PayFlex account. Enter your claim details, take a picture of your itemized receipt, statement or Explanation of Benefits and submit. Note: If you have multiple It's good for five years. Get help when you need it. No. . We use cookies to ensure that we give you the best experience on our website. With PayFlex, you have the tools, services, and support to make the best decisions for your health and financial well-being. Sign it in a few clicks. Edit your payflex claim form online. It helps you save on everyday items like contact lenses, sunscreen and bandages. If you're a new user, click Create Your Profile. Click on Make an HSA Withdrawal. For . Learn about health/dependent care flexible spending accounts with the PayFlex Card, See the simple way to save with health/dependent care flexible spending accounts, Explore saving with health/dependent care flexible spending accounts (spanish version), Learn about the limited purpose FSA with the PayFlex Card, Save money with a limited purpose FSA when paying for dental and vision costs. All of the money deposited into your HSA, up to the maximum annual contribution limit determined by the IRS each year, is 100% tax-deductible for federal income tax, FICA (Social Security and Medicare) tax, and state income tax (for most states). You may be able to use your PayFlex Card to pay for OTC items, supplies, drugs and medicines, if theyre considered eligible under your plan. You may also use your card at some discount and grocery stores. The amount you are able to withdraw in a given year varies based on your medical costs. . If your expense is eligible, you can submit a claim to pay yourself back. This may include doctor and dental offices, hospitals, pharmacies, and hearing and vision care centers. If you have a PayFlex Health Savings Account, HSA, you can request funds and make deposits to your HSA. When you pull out funds from your HSA for . You can find this form in. Then withdraw funds from your FSA to pay yourself back and have your payment deposited. Support for Clients and Employees. You can invest it, and it . You dont need a new card when you move from one PayFlex plan to another. Medical spending includes expenses for hearing, vision and dental health, even if you dont have insurance for those. Your FSA coverage may end on your last day of work or it may end at the end of that month. Click on Make an HSA Withdrawal. 6. Then you would pay the balance with another form of payment. If you're overwhelmed by high-interest debt (think 8% or higher), taking out a 401 (k) loan could make sense. Click on Make an HSA Withdrawal. For dependent care expenses, the dependent care provider must sign the claim form or provide an itemized receipt. 01. Enter the spouse or dependent name and click Submit. Wal-Mart Stores implements a technology solution to enable customers to use flexible spending account (FSA) debit cards The internally developed Inventory Information Approval System (IIAS) works by identifying FSA eligible merchandise, which have a unique ID number, as items are scanned at checkout. If you enroll in a qualified HDHP and meet other IRS criteria, you may open and contribute to an HSA. p. a. yex.com. Lacie Glover is an insurance editor and writer and a NerdWallet authority on insurance. The money you contribute reduces your taxable salary, meaning thousands in tax savings for high-income folks. Here is a list of our partners. Note: In order to keep your information safe, Paychex support staff may not be authorized to speak with our clients' employees, depending on the situation. Click Continue. . However, your plan may have a grace period or carryover feature, which can help reduce forfeitures. For this reason, we ask that you please contact your employer or on-site administrator before contacting Paychex. Type text, add images, blackout confidential details, add comments, highlights and more. The Instalment Plan is automatically adjusted by the Payflex Platform by applying the refund amount to the last instalment first and working backwards to the other instalments. hZ]s8?Tu0dCaq+^v6NX`jjR$K^]IG{:$N;8r|M