Flexible Spending Account
Your medical FSA through Rippling is automatically paid with pre-tax dollars. You may elect $2,700 tax free per year for out-of-pocket health care expenses (co-pays, prescriptions, doctor visits, vision care, dental costs, etc.) through the Rippling portal and those dollars will be available on your debit card. At the end of the calendar year, up to $500 will roll over to the next year but anything above that will not be returned to you. If your employment ends, you forfeit all FSA dollars.
For the Dependent Care Reimbursement Care, you may elect $5,000 tax free per year ($2,500 filing separately) for dependent care expenses. This can also be done via Rippling.
