Your FSA Benefits

The University of Chicago Flexible Spending Plan (the “Plan”) offers Benefits-Eligible Employees the opportunity to pay certain health care and dependent care expenses with tax-free dollars. You can decide whether or not to participate every year. The Plan has two kinds of Flexible Spending Accounts (FSAs):

The Health Care FSA can be used to pay for most out-of-pocket medical, vision and dental care expenses for yourself and your Dependents as long as these expenses are not covered by your medical or dental plan.

The Dependent Care FSA can be used to pay for eligible day care expenses for a dependent child or adult relative while you or your spouse work, or while your spouse is a full-time student or disabled.

You contribute tax-free dollars to your FSAs through payroll deductions. When you have an eligible medical, vision, dental or dependent care expense, you are reimbursed from the appropriate FSA.

If you have questions about your benefits, call the Benefits Office at 773-702-9634 or send an e-mail to benefits@uchicago.edu.

The capitalized terms in the Summary Plan Description have special meaning. Please refer to the Glossary for the definition of those capitalized terms.

While this Summary Plan Description summarizes the major provisions of this plan, it does not provide you with every plan detail. The plan documents, which govern this plan, provide full details. If there are any discrepancies between this Summary Plan Description and the legal plan documents, the legal plan documents control.