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Contacts
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VitaFlex — Commuter Benefit Program, FSAs and Kaiser HRA
Visit VitaFlex portal
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The People Team
hr@nutanix.com
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VitaFlex — Commuter Benefit Program, FSAs and Kaiser HRA
Tax-Advantaged Accounts
Overview
Use the menu on the left to access helpful resources and contacts information related to the benefits described on each page.
You can save money on healthcare and dependent care expenses with a Flexible Spending Account (FSA) by paying for them with tax-free funds. FSAs allow you to set aside a certain amount from your paycheck before taxes are taken out. Then, you can use money tax-free to pay for eligible out-of-pocket healthcare and dependent care expenses.
Tax-advantaged accounts make a difference!
See how much contributing to an FSA could save you over the course of a year.
| Tax savings on $2,000 contribution to FSA | |
|---|---|
| 28% in federal income tax | $560 |
| 5% in state income tax | $100 |
| 7.65% in Federal Insurance Contributions Act (FICA) tax | $153 |
| Total tax savings for year with an FSA | $813 |
This hypothetical illustration is for educational purposes only. Dollar amounts or savings will vary depending on income, state and city tax rules, and other factors. Please consult a tax, legal or financial advisor about your own personal situation.
For more information about the FSA , visit the VitaFlex portal or call 1-800-424-3052.
Flexible Spending Accounts
Using an FSA is like getting a discount on everyday health and/or dependent care expenses because you’re paying with tax-free money.
There are separate FSAs for health care and dependent care.
Nutanix offers you two types of FSAs:
Healthcare FSA
- Pay for eligible healthcare expenses, such as plan deductibles, copays, coinsurance, vision and dental expenses (including orthodontia).
- Contribute up to $2,750 in 2020.
Works like a bank account.
Pay for eligible dependent care expenses such as: child day care (under age 13), home care for tax dependent adults that are necessary for you and your spouse look for work or attend school fulltime (this FSA is not for dependent Healthcare expenses).
- Contribute up to $5,000 in 2020 or $2,500 if married and filing separately.
Estimate carefully
Keep in mind, FSAs are “use it or lose it” accounts — you forfeit any money left at the end of the year.
The FSAs are administered by VitaFlex. Review the VitaFlex: Healthcare FSA Claims Guide and the VitaFlex: Dependent Care FSA Claims Guide for more information about how to submit claims for reimbursement from your FSA.
What’s an eligible expense?
- Healthcare FSA — plan deductibles, copays, coinsurance and other medical, dental and vision expenses. To learn more, see IRS Publication 502.
- Dependent care FSA — child day care, babysitters, home care for dependent elders, and related expenses. To learn more, see IRS Publication 503.
VitaFlex login details
- Visit the VitaFlex portal.
- First-time users: Click Create your new username and password and follow the on-screen prompts to set up your account.
- Existing users: Enter your current login credentials to access your account.
Use your money!
With FSA money, you use it or lose it. If you have a balance left in your FSA as year-end approaches, try to spend as much of it as you can on eligible expenses. Request reimbursement or manage your account on the VitaFlex website.
Review the VitaFlex: FSA Plan Detail Sheet to learn more about this pre-tax benefit.