Flexible Spending Account (FSA)

A flexible spending account (FSA) is a type of savings account that provides the account holder with specific tax advantages. An FSA is sometimes called a “flexible spending arrangement” and can be established by an employer for employees.

The account allows you to contribute a portion of your regular earnings before tax; employers also can contribute to employees’ FSAs. Distributions from the account must be used to reimburse the employee for qualified expenses related to medical and dental services.

Allentown School District offers you the FSA option through Wex, Inc.

2024 – 2025 MAX AMOUNT Starting 09/01/2024 = $3,200

You are allowed to carry-over $640 each year. 

Claims must be submitted for 2023-2024 plan year by 10/31/2024.