MCGRIFF FLEXIBLE BENEFITS

FSA

100

What does FSA stands for?

Flexible Spending Account

200

What are two types of debit card substantiation?

Itemized receipts

EOB

300

Who designs the plan?

The employer

500

Name all 5 things needed on a substantiation document?

PPT name

Provider's info including letterhead

Date of service 

Services rendered/CPT codes

Amount paid

HSA

100

What type of health plan is linked with an HSA?

High-Deductible Health Plan

200

How is HSA funded?

The PPT

300

What account can be paired with HSA?

Limited Purpose FSA (LSA)

500

How many years can the IRS go back and require documentation?

3

SYSTEMS

100

What platform is used to access participants’ information?

WEX

200

What does FSCM stand for?

Financial Systems Case Management

300

Will debit cards unsuspend when for a new plan year?

NO!

DCA

100

Who can qualify for a dependent care expense?

A child under the age of 13 and a dependent adult who's incapable of caring for themselves.

200

How is DCA funded?

Payroll deductions ONLY.

300

What documentation do you need for a DCA claim to pay out?

DCA Verification Form and itemized receipts

400

What is the maximum amount for a single individual or married couples filing jointly for 2025?

$5000

500

What is the maximum contribution amount for married couples filing separately in 2026?

$3750

TSA

100

What are the two types of transportation accounts?

Mass Transit and Parking

200

Can a ppt change their contribution amount at any time of the year?

Yes

300

Which account cannot file claims for reimbursement?

Mass Transit

400

What is the maximum monthly amount for Parking/Mass Transit?

$325