![]() When an expense cannot be verified automatically, we may request a receipt. ![]() Save Receipts: With a Flexible Spending Account, the IRS requires BRI to verify that 100% of transactions are for eligible medical and dependent care expenses.(Note: Standard text messaging rates from your wireless provider may apply.) ![]() To sign-up, log intoīRIWEB or the BRIMOBILE app and select Notifications. Sign-up for BRI ALERTS: Receive real-time text or email alerts regarding transactions and account balance.The app is available for iPhone, iPad, and Android devices. Download BRIMOBILE: BRIMOBILE is your on-the-go account access to view balances and recent transactions, submit claims and send receipts.The portal allows you to view balance and transaction information, submit claims, download plan documents, and much more. Logging into BRIWEB: BRIWEB is your secure participant login for managing your accounts with BRI.Once you receive your card, you will need to activate it by calling the number on the activation sticker. If you already have a Beniversal Card, you can continue to use the card through the expiration date. Your card arrives in a plain white envelope from BRI. Receiving your Beniversal ® Prepaid Mastercard ® (if offered): If you have enrolled in a Medical FSA for the first time, you will be receiving a Beniversal Card by mail.Online enrollment may be an option for your plan. Still need to enroll? Please contact your employer benefits representative to determine how and when enrollment will be available. You have enrolled, now what? The specifics for your plan may vary, but here is a quick reference on what to expect and tips for using your FSA. There are certain life status changes that may permit changes, such as: marriage, divorce, and birth of a child. Generally, you are not able to change your FSA election once a plan year has started. You will have access to your full annual Medical FSA election on the first day of the coverage period. Please review your Plan Highlights on BRIWEB for your specific limit. Your employer may establish a lower plan limit. For 2021 plan years, elections cannot exceed $2,750. For 2022 plan years, elections cannot exceed $2,850. The maximum limit that an employee can contribute to a Medical FSA on a tax-free basis is set by the IRS. A more extensive list of eligible expenses can be obtained from our secure login page.Prescription drugs and certain over-the-counter medical items.Vision care, eyeglasses, contact lenses.Co-payments, co-insurance and deductible expenses.Any forfeited funds are returned to your employer, but the IRS has imposed strict regulations on the use of these funds (they cannot be refunded to the employees who forfeited them).Ī Medical FSA allows you to set aside funds on a tax-free basis to pay for eligible medical services provided to you, your spouse and your dependents. Refer to your Plan Highlights on BRIWEB regarding unused FSA funds.Elections cannot be changed during a plan year unless the participant has a “ qualifying event” as allowed by the IRS.FSA elections can only be made during designated open enrollment periods or when you meet the eligibility requirements set by your employer.Eligible medical and dependent care expenses are defined by IRC Section 125.Here are some FSA basics as defined in IRC Section 125. This provides up to 40% tax savings to you depending on your tax bracket. Section 125 also permits your insurance premiums to be taken on a pre-tax basis. These accounts allow you to have pre-tax payroll deductions for certain medical and dependent care expenses. Flexible Spending Accounts (FSAs) are governed by Internal Revenue Code (IRC) Section 125.
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