We have adopted the Flexible Spending Account Plan also known as a "Flexible Benefits Plan” for you and other eligible employees. Under this Plan, you will be able to choose among certain benefits that we make available. The benefits that you may choose are outlined in this Summary Plan Description (sometimes referred to herein as the “SPD”). We will also tell you about other important information concerning the Plan, such as the rules you must satisfy before you can join and the laws that protect your rights.

The CARES Act eliminates the requirement that over-the-counter medicines and drugs must be prescribed in order to be considered a qualified medical expense for HSAs, health flexible spending arrangements (FSAs), health reimbursement arrangements (HRAs), and Archer medical savings accounts (MSAs).

It’s easy to save money with a Flexible Spending Account (FSA). You will pay the same amount for health care initially - but you’ll receive savings when you submit receipts for expenses that are then reimbursed from your tax free FSA. The health care FSA shields your out-of-pocket health care expenses from taxes. You select an amount to be shielded, increments of which are set aside from your paychecks during the year. FSA funds can only be used for your eligible dependents claimed on your yearly IRS tax returns.