WEX offers comprehensive flexible spending account (FSA) management solutions for employers to provide their employees with tax-advantaged savings on qualified healthcare and dependent care expenses. The platform simplifies FSA administration through intelligent, seamless, and user-friendly technology, enhancing employee benefits and engagement.

Key Features

Multiple FSA Types WEX offers various FSA options to suit different needs

• Medical FSA for general-purpose health expenses
• Limited Medical FSA for dental, vision, and preventive care
• Combination FSA that converts to a medical FSA after meeting the IRS deductible
• Dependent Care FSA for eligible dependent care services

Streamlined Administration WEX provides advanced technology for efficient FSA management

• Industry-leading platform for simplified administration
• Custom benefits plan accommodation
• Integrated system for employers and employees

Benefits

Cost Savings FSAs offer tax advantages and reduce out-of-pocket expenses

• Employees save on qualified medical, dental, and vision expenses
• Tax-advantaged savings on eligible dependent care services
• Employers may benefit from reduced payroll taxes

Enhanced User Experience WEX simplifies FSA usage for participants

• One card, one online account, and one mobile app for easy access
• Improved member engagement, satisfaction, and retention
• Seamless integration with other benefits solutions