A Flexible Spending Account (FSA) allows you to set aside money for certain expenses before payroll deducts taxes from your paycheck. This means the amount of income your taxes are based on will be lower, so your tax liability will be lower. With an FSA, you can reduce your taxes while paying for things you’d have to pay for anyway.
Caterpillar offers two Flexible Spending Accounts:
To access your FSA information or the FSA Tax Savings Calculator, go to myuhc.com > Claims & Accounts > Flexible Spending Account.