Health Care FSAs
Health Care Flexible Spending Accounts (FSAs) allow you to set aside before-tax money to use for certain eligible expenses not covered by your health plans.
2021 Plan Year Information
Health Care Flexible Spending Accounts (FSAs) allow you to set aside before-tax money to use for certain eligible expenses not covered by your health plans.
Save an average of 30% on health care costs with an FSA.
* If you have elected Medical Plan Option C, you may contribute to a Limited Purpose FSA to pay for dental and vision costs only – and unused funds do not carry over into the next year.
All U.S. benefits-eligible employees, with the exception of employees enrolled in Option C coverage under the Medical Plan, are eligible to set aside money in a Health Care FSA on a before-tax basis to pay for eligible health-related expenses.
Health Care FSA |
---|
Who Can Enroll? |
All employees not enrolled in Medical Plan Option C, even those who are not enrolled in any other Firm benefits |
How Much Can I Contribute? (determined by the IRS each year) |
Between $100 and $2,750 |
What Can the FSA Money Be Used For? |
|
What Are the Deadlines? |
2020
2021
|
Medical Plan Options A and B:
If you participate in the Health Care FSA, IRS regulations permit the forfeiture of any unused funds remaining in the account at the end of the Plan year. However, a maximum of $550 of your remaining health care FSA funds may automatically roll over into your account for the next plan year. The balance up to $550 will automatically roll over into your Health Care FSA for 2022 assuming you make an active election to participate in a Health Care FSA and do not enroll in Medical Plan Option C for coverage.
You have until April 30 of the following year to request reimbursement for eligible expenses incurred during the current plan year.
contact
Morgan Stanley Representatives are available between 9 am and 7 pm Eastern, Monday through Friday, except certain US holidays.
Outside the US and Canada
Fax
Benefit Center website
Please watch this important video on your 2016 Morgan Stanley Benefits.