PBA Flex 17.0.0

PBA Flex is a flexible spending account (FSA) offered by Professional Benefit Administrators, Inc.

PBA Flex allows employees to set aside a portion of their pre-tax salary to pay for eligible out-of-pocket healthcare expenses.

Common eligible expenses include medical copayments, prescription medications, vision and dental care fees, and more.

Yes, the IRS sets annual contribution limits for FSAs, and participants should be mindful of these limits when enrolling in PBA Flex.

PBA Flex may allow for a limited rollover of funds or a grace period for spending remaining balances, but specific rules may vary.

Participants can typically use a benefits card or submit claims for reimbursement through an online portal or mobile app provided by Professional Benefit Administrators, Inc.

There may be administrative fees associated with managing a PBA Flex account, but these fees are usually deducted from the participant's contributions.

Changes to contribution amounts may be allowed under certain qualifying life events or during open enrollment periods, depending on the plan rules set by Professional Benefit Administrators, Inc.

Participation in PBA Flex is typically voluntary, and employees can choose whether or not to enroll during the designated enrollment periods.

Professional Benefit Administrators, Inc. often provides educational materials, webinars, and customer support to assist participants in understanding and maximizing their benefits through PBA Flex.