HealthAccountUserGuide

03 Bank of America, N.A. Member FDIC Welcome to your health accounts from Bank of America Life moves fast. That’s why it’s important to be ready for tomorrow with your health accounts today. We’re pleased your employer has chosen Bank of America for your health accounts to help you pay for qualified medical expenses. This guide contains information on one or more accounts you have selected through your employer: Health Flexible Spending Account (Health FSA) Limited Purpose Flexible Spending Account (LPFSA) Dependent Care Flexible Spending Account (DCFSA) Health Reimbursement Arrangement (HRA) If you have one account or a combination of these accounts, you’ll find everything you need to know about setting up and managing your accounts and learn how to maximize their tax advantages. Check with your employer if you need more information on which accounts are available to you. Now, let’s get started! Which accounts do I have?....................................................04 Summary chart of health accounts..................................05 Tax benefits for all......................................................................06 Health Flexible Spending Account (Health FSA) What is a Health FSA?..............................................................08 Cool tools.........................................................................................09 Health FSA tips.............................................................................10 Contribution limit.........................................................................11 Limited Purpose FSA (LPFSA) What is an LPFSA?.....................................................................12 Cool tool............................................................................................13 LPFSA tips.......................................................................................13 Contribution limit.........................................................................13 Dependent Care FSA (DCFSA) What is a DCFSA?.......................................................................14 Contribution limit.........................................................................14 Cool tool............................................................................................14 DCFSA tips......................................................................................14 Health Reimbursement Arrangement (HRA) What is an HRA?...........................................................................16 Cool tool............................................................................................17 HRA tips............................................................................................17 Contribution limit.........................................................................17 Getting started Your health account checklist..............................................21 3 ways to pay.................................................................................22 Health account Visa® debit card........................................24 Managing your accounts Member website..........................................................................28 Mobile app.......................................................................................30 Need a form?.................................................................................31 How to file a claim......................................................................32 Substantiating a transaction................................................34 02

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