Account Rules and Claim Filing Instructions
1. You cannot submit a claim unless you are participating
in the Cafeteria Plan.
2. You can be reimbursed only for eligible expenses
occurring during the coverage period in which your contributions are made.
3. You can submit a claim at any time during the plan
year and for a specified period after the plan year as described in the Summary
Plan Description.
4. If you terminate employment, you can submit a claim
for a specified period after the date of termination if so stated in the
Summary Plan Description as long as the service occurred before your date of
termination.
5. IRS rules stipulate that any money left in the your account(s) after all reimbursements for the plan
year have been processed cannot be carried forward or returned. Money in one
account can not be used for expenses incurred in another account. For instance,
any unused amounts left in the medical account can not be used to reimburse
dependent care expenses.
6. You cannot receive payment from any other source for
expenses reimbursed by claim, and you certify that you are not eligible to bill
any other source for the reimbursed expenses.
7. If you have received reimbursement for expenses, you
cannot claim the expenses for income tax purposes.
8. You cannot bill for a service period that begins in
one plan year and ends in the next plan year. File two reimbursement claims,
one for each plan year covering the period during that plan year.
9. Complete ALL the information on the claim form for
each amount claimed for reimbursement.
10. Attach copies of receipts from service providers or
the Explanation of Benefits Form from Insurance Carriers to the claim.
11. Sign and date the claim.
12. Make a photocopy of the claim for your records.
13. Submit the Claim with attached receipts to Shaffer Insurance Services, Inc. - Benefits Division according to the
procedures provided. Additional Claims are available from your employer.
1.
You can use a
Dependent Care Spending Account only if you pay dependent day care expenses to
be able to work. Your day care services can take place either inside or outside
of your home. If you are married, your spouse must also work, go to school full
time, or be incapable of self-care for you to be eligible.
2.
Only (a)
dependents under the age of thirteen or (b) dependent adults or children
thirteen years or older who are mentally or physically incapable of self-care
are covered.
3.
Your Maximum
Contribution Amount can not be more than the smaller of (a) or (b).
a. Your income or your spouse’s income, whichever is
smaller. If your spouse is a full-time student or incapable of self-care, your
spouse is considered to earn $2,400 per year with one dependent or $4,800 per
year with two or more dependents.
b. $5,000 per year if your tax filing status is married
filing jointly and or single head of household or $2,500 per year if your tax
filing status is 'married filing separately'.
4.
You cannot claim
expenses if the service provider is your child or stepchild and are under age
19 or if you claim the service provider as a dependent for Federal income tax
purposes.
5.
To be reimbursed,
you must include the facility’s name, address, and tax identification number or
the Social Security number of the individual providing the dependent day care
service.
6.
The maximum amount
you can be reimbursed during the time you are covered in the Plan Year can not
exceed the salary reduction amounts you have elected and made under the
Dependent Care AsShaffer Insurance Services, Inc.tance Plan less any previous reimbursements paid.
Unreimbursed Medical Expenses
1. The total annual election for eligible medical expenses (less any previous reimbursements paid) is available when requested for covered expenses.
2. Refer to the provisions in the Unreimbursed Medical
Expense Spending Account Plan document for the maximum annual election amount.
3. To be reimbursed, you must include the dependent’s
name, date expenditure incurred, name of Service Provider, description of the
expense, and the amount of the claim less any amounts that have been or will be
paid by insurance or other sources.
Internal Revenue Service
Publication 502 lists the eligible tax-free expenses. An Eligible expense means
any item for which you could have claimed a medical expense deduction on an
itemized Federal income tax return (except insurance premiums, long-term care
and other similar charges) and is not eligible under your medical or any other
source. You or your dependents while participating in the plan must incur the
expenses.