| Flexible Spending
Accounts |
Welcome
to the BenXcel participant resource center where plan
participants get answers to common questions and access
other helpful links to information for Flexible Spending
Plans. If you need information you don’t see here,
please contact BCC Customer
Service. |
|
Login
using our LOGIN panel to the left. Enter your
username
and password,
then click secure
login using SSL to proceed. |
YES:
please visit our frequently asked questions page
to view FSA
FAQ's |
|
There
is a forms and brochures panel to the left where
you can view and download all forms and brochures
available. To select a form or brochure just drop
the menu down and select the document you wish
to view, then click on the open selected
form or open selected
brochure button. |
| • |
|
Log
onto: https://www.mbicard.com |
• |
|
Select “Employee
and Cardholder Login” button to proceed to
secure login screen. |
| • |
|
You must use the
“Create Account” option as a first-time
user. |
|
A
Flexible Spending Account is an employer-sponsored
benefit that allows you to pay for certain non-covered
medical expenses (such as doctor’s office
co-pays and prescription drugs) with your pre-tax
income. Because this benefit uses pre-tax dollars,
a Flexible Spending Account is a great way for
you to save money on your healthcare costs, as
well as increase your
take home pay! Your employer may also offer
a Dependent Care spending account, which can be
used to pay day care expenses for eligible children
or elderly dependents. |
|
The
following table illustrates a dual income household
that includes two-employed parents and two children
with combined income of $76,000. |
| |
Without Flex |
With Flex |
|
Pay
per month |
$6,334.00
|
$6,334.00 |
|
Less
Non-Taxable Benefits |
|
Medical/Dental
Expenses |
0.00 |
125.00 |
|
Dependent
Care Expenses |
0.00 |
400.00 |
|
Total Pay Subjected to Tax |
$6,334.00 |
$5,089.00 |
|
Less
Tax Deductions |
|
Federal
& State |
1,900.20 |
1,742.70 |
|
FICA |
484.55 |
444.39 |
|
After Tax Income |
$3,949.25 |
$3,621.91 |
|
After
Tax Expenses |
|
Medical/Dental
Expenses |
125.00 |
0.00 |
|
Dependent
Card Expenses |
400.00 |
0.00 |
|
Spendable Income |
$3,424.25 |
$3,621.91 |
| TOTAL
SAVINGS PER MONTH $197.66
ANNUAL TAKE HOME PAY INCREASE $2,371.92 |
|
There
is a forms and brochures panel to the left where
you can view and download all forms and brochures
available. To select a brochure just drop the
menu down and select the document you wish to
view, then click on the open selected
brochure button. |
|
There
is a forms and brochures panel to the left where
you can view and download all forms and brochures
available. To select a brochure just drop the
menu down and select the document you wish to
view, then click on the open
selected brochure button. |
| Is it possible
to email claims instead of faxing? |
back to top
|
|
You
can email claims to:
FSA-CLAIMS@BENXCEL.COM
BCC wants to remind you that email is not a secure mode of
transmission of personal data. You accept the risks of sending
personal information via the internet. |
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