The Flexible Spending Accounts (FSAs) and Commuter benefits through HealthEquity enable Parsons employees to take advantage of significant tax savings.

You can elect to contribute a portion of your paycheck, pre-tax, to an account you use to pay for qualified expenses.

  • The Health Care FSA (HCFSA) is for expenses like your medical plan deductible, copays, dental and vision expenses.
  • Use the Dependent Care FSA (DCFSA) to pay qualified day care expenses for your eligible dependents using pre-tax dollars.
  • Your Commuter benefits let you use pre-tax dollars to pay for qualified transit and parking expenses.

HealthEquity is available every hour of every day. For any additional questions, contact the Member Services department at 866-735-8195.

Health Care FSAs are limited to $3,200* per year per employer. If you’re married, your spouse can put up to $3,200 in an FSA with their employer, too.

Dependent Care FSAs are limited to $5,000 per year.

Commuter Benefits are limited to $315* per month for transit expenses and another $315 per month for parking expenses related to your commute.

*These limits may change per IRS guidelines.

You can use funds in your FSA to pay for qualified medical expenses for you, your spouse, and your eligible dependents.

A Healthcare Flexible Spending Account (HCFSA) is a pre-tax benefit account used to pay for eligible medical, dental, and vision care expenses that aren’t covered by your insurance plan or elsewhere. Please visit healthequity.com/qme for more information concerning potentially eligible medical expenses.

A Depenedent Care Reimbursement Account (DCRA) or Dependent Care FSA covers a wide variety of dependent care services, such as preschool, summer day camp, before-and-after school programs, and child or elder care. To see a complete list of what is covered, please see the IRS publication 503. For a quick review, you can also view this information on their website at healthequity.com/dcfsa.

Commuter Benefits allow you to set aside pre-tax dollars in an account to pay for qualified transit, vanpooling and parking expenses.

For the Dependent Care FSA, a qualifying individual is any of the following: A dependent under the age of 13 who resides with you and for whom you are entitled to a personal tax exemption as a dependent; however, if you are divorced, the child is a qualifying individual with respect to you if the child lives with you even if you have permitted the non-custodial parent to take the exemption. A spouse or other tax dependent who resides with you and is physically or mentally incapable of self-care.

Ready to enroll?

Talk to ALEX to see which plan is best for you and visit Workday to learn more and enroll in your benefits.