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 FEDERAL FLEXIBLE SPENDING ACCOUNT (FSAFEDS)

FSAFEDS is a tax-favored program that allows you to pay for eligible out-of-pocket health care and dependent care expenses with pre-tax dollars. By using pre-tax dollars to pay for eligible health care and dependent care expenses, a flexible spending account gives you an immediate discount on these expenses that equals the taxes you would otherwise pay on that money.

BENEFEDS is the administrative system authorized by the Office of Personnel Management to handle payroll deduction functions for FSAFEDS. BENEFEDS works directly with ADP Benefit Services KY, the third-party administrator for FSAFEDS, and Federal agencies to process payroll deductions of your FSAFEDS allotments.

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