RC Risk Manangment Department

303 North Church Street • Murfreesboro, TN 37130 • Phone: (615) 898-7715 • Fax: (615) 867-4602

Contact Us:

303 North Church Street
Murfreesboro, TN 37130
Phone: (615) 898-7715
Fax: (615) 867-4602

Flexible Spending Account

TASC Brochure

TASC Summary Plan Description

Rutherford County Government offers the opportunity for employees to contribute pre tax dollars to Flexible Spending Accounts (FSAs), commonly referred to as “Section 125” plans or “Cafeteria” plans. These were developed as part of Internal Revenue Code Section 125 to provide employees with tax relief for their un-reimbursed medical and dependent day-care costs. FSAs enable employees to utilize pre-tax dollars and save Federal, FICA, and, in most cases, state taxes when paying for eligible expenses not covered by traditional insurance plans.

Although FSAs have been available for many years, the emergence of consumer-driven healthcare and increased employee cost-sharing has made them an integral benefits solution that provides substantial tax savings to both employers and employees.

There are three types of Flexible Spending Accounts, Rutherford County offers two:

  1. Medical Reimbursement Accounts: Accounts used to pay for eligible un-reimbursed medical expenses such as co-pays, deductibles, dental, vision, prescription, over-the-counter drugs, and more.

  2. Dependent Day-Care Reimbursement Accounts: Accounts used to pay for the daily care of an eligible child or adult dependent as defined by the IRS;

To further enhance the benefits of implementing FSAs, TASC offers the TASC Benefits Debit Card®. This single-platform debit card allows for the automatic electronic transfer of pre-tax dollars from an FSA when paying for qualified expenses. Most importantly, the TASC Benefits Debit Card® can accommodate and administer both accounts on the same card without an incremental fee.

FSA Covered Expeneses

2011 health care changes with OTC drugs

TASC Contact Information:
Phone: 1-800-422-4661
Email: service@tasconline.com

Website: www.tasconline.com