Flexible Spending Accounts (FSA)

Paycor partners with Chard Snyder to provide three unique Flexible Spending Accounts (FSA) available to our valuable Associates. A Flexible Spending Account (FSA) is an ideal way to set aside pre-tax money to pay for qualified healthcare or dependent care expenses. Contributions to FSA accounts are "use it, or lose it” and do not rollover each year.

2025 Flexible Spending Accounts

Link to FSA Reference Guide

Healthcare FSA

If you are full-time and enroll in the PPO medical plan or “waive” Paycor’s medical coverage you can set aside pre-tax funds for qualified medical, dental, or vision expenses in a Healthcare FSA.

Also, if you are full-time and enroll in the HDHP without an Health Savings Account (HSA), you are eligible to participate in a Healthcare FSA. Healthcare FSAs are not compatible with HSAs.

  • Use to pay for eligible healthcare expenses for yourself, spouse, or dependent child
  • Eligible expenses include those subject to plan deductibles, coinsurance, and copays as well as other qualified medical, dental, and vision expenses.
  • To learn more, see IRS Publication 969 at irs.gov, visit www.chard-snyder.com, or review the list of helpful FSA HC Frequently Asked Questions.
  • You may contribute up to $3,200 in 2025

Limited Purpose FSA

If you are full-time and enroll in the HDHP with an Health Savings Account (HSA), you are eligible to participate in a Limited Purpose FSA only.

  • Use to pay for eligible preventative care, dental and vision expenses only for yourself, spouse or dependent child. See the Limited-Purpose FSA Flyer for details.
  • To learn more about a Limited Purpose FSA, review the list of helpful FSA LMT Frequently Asked Questions.
  • You may contribute up to $3,200 in 2025

Dependent Care FSA

If you are full-time, you are eligible to participate in a Dependent Care FSA. You do not have to be enrolled in any other Paycor benefit plan to participate.

  • Pay for eligible adult or child care expenses, such as daycare for a child, that are necessary for you and/or your spouse to work, look for work or attend school full time
  • Dependent Care funds are available as they are deducted from your pay and deposited into your account
  • To learn more about a Dependent Care FSA, review the list of helpful FSA DC Frequently Asked Questions.
  • Contribute up to $5,000 if you are married and filing a joint return, or $2,500 if you are single or married and filing separately in 2025

FSA Eligible Dependents Include:

  • Your legally married spouse
  • Unmarried dependent children through age 25 (for Healthcare FSA); under age 13
    (for Dependent Care FSA)
  • Adult dependent relatives (Documentation required. Contact Employee Benefit Services
    before enrollment or claims submission)

Upon enrollment Chard Snyder will mail a participant ID and a Benny Card Visa debit card to your home to use at point of purchase.

Manage your Chard Snyder benefit account online 24/7.  Use your online account to check your balance, file a claim, and perform other transactions quickly and easily. To get started, follow these instructions to access your online account..

Keep in mind, the funds in an FSA are “use it, or lose it” and do not roll over each year. Expenses must be incurred in 2024 and unused account balances are forfeited at the end of the plan year. Claims can be submitted through March 31, 2025. To learn how to submit a claim, start by reviewing these step-by-step instructions.

Additional Forms and Resources

  • 2025 FSA Summary Plan Description - Coming Soon
  • FSA Guide