FSA
What does FSA stand for ?
Flexible Spending Account
What is the max amount per month for mass transit and parking?
$340
How is DCA funded?
Payroll deductions ONLY.
True or False: I can rollover my HSA funds.
True
FALSE!
How much funds can a PPT rollover for 2026 plan year?
Max $680
True or False: I can make changes to my TSA contributions at any given time of the plan year.
What two ways can PPT file claims for reimbursement?
Consumer Portal and Manual Claim Form
How is HSA funded?
The PPT
What platform is used to access participants’ information?
WEX
What is the maximum contribution amount for 2026?
$3,400
True or False: If no longer need my mass transit, and I have a parking account. I can move them to my parking account.
FALSE
What is the maximum amount for single individuals or married couples filing joinly for 2026?
$7,500
What account can be paired with HSA?
Limited Purpose FSA (LSA)
Which account does not allow claims for reimbursement?
What two documents are acceptable to substantiate a debit card transaction?
Itemized receipt or EOB
Mass transit transportation must be designed to sit how many people?
Who would be considered an eligible dependent for this account?
Children under the age 13 and adults incaple of caring for themselves.
What is the HSA transfer fee and processing time?
$25 and 4-6 weeks
What is the software an agent can use to find documents ppt have sent via email?
FSCM
Name 3 things that must be listed on an itemized documentation
Bus, subway, ferry, train
What is the name of the documentation that a PPT can use to substantiate a claim?
How many years can the IRS go back and require documentation?
3
Who funds the HRA ?