Flexible Spending Accounts
This is who funds an FSA.
The employee.
This is the annual election limit per household for a DCA.
$5,000
This is the family contribution limit for 2025.
$8,300
This is who funds an HRA.
The employer.
This is the monthly contribution limit for a transit account, for 2025.
$330
This is who is eligible to participate in an FSA.
The employee and their dependents.
DCA plans are not this, which means the balance increases as payroll deductions come in.
Pre-funded.
These are the two types of deductibles for HSAs.
Individual and family.
This is a fixed amount of money a consumer must pay every time an eligible claim is submitted.
This is who is eligible for a transit account.
All employees.
These are the 3 types of FSAs.
Limited Purpose FSA, Medical FSA, Combination FSA
This is the age limit to reimburse for child care.
13
This is the type of insurance required to be eligible for an HSA.
High Deductible Health Plan
This is the type of HRA where employees must meet a certain amount of out-of-pocket expenses before the HRA will pay out.
Threshold.
This is where an employer would indicate that they would like to set a minimum contribution amount for their QTA.
The BDG
This is the term for when both the employer and the employee might experience a financial loss with regard to an FSA.
Mutual risk.
True or False - Dependent care can have a rollover.
False.
An employee cannot enroll in these plans along with an HSA.
213 (d) FSA or HRA
For a dependent to be eligible, they must meet these requirements.
Be under 27 or filing a joint return.
A commuter highway vehicle seats at least this many adults.
6
This allows employees to file claims with dates of service from the next plan year.
Grace period.
True or False - The $5,000 limit has never increased.
False. The IRS increased it during COVID but returned it to $5,000 in 2022.
This is where WEX houses HSA funds.
Healthcare Bank
Where do we find HRA plan rules?
OnBase
This is the IRS code that governs QTAs.
Section 132