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 TexFlex Reimbursement Account Form (Faculty, Staff and Graduate Students)

If you choose to enroll in 'TexFlex',  you need to contact your benefits coordinator in HRS - Employee Service Center in Drane Hall Room 135.There is a 31 - day enrollment period for TexFlex.

 What is TexFlex?

TexFlex reimbursement accounts are tax-favored programs regulated by Section 125 of the Internal Revenue Code. They allow you, with the help of your employer, to set up your own account with money that is deducted automatically from your paycheck before federal income and Social Security taxes are calculated. You are then reimbursed after you have incurred eligible health and dependent care expenses.

TexFlex lets you pay for eligible health and dependent care expenses tax-free. TexFlex has two ways of doing this: the Flexible Spending Account - Health Care(FSA - Health) and the Flexible Spending Account-Dependent Day Care - (FSA - Day Care). Your ultimate savings depend upon your tax bracket.

The FSA - Health  allows you to pay yourself back for eligible health care expenses (like eyeglasses and certain unreimbursed medical and dental expenses) for you and your eligible dependents.

The FSA - Day Care allows you to pay yourself back for eligible dependent day care expenses like your child’s day care or after-school care.

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