EWFC’s Financial Provider
Fidelity is your one-stop shop for spending, saving, and retirement solutions are all accessible through 401K.com. Explore the programs below to learn how to build and protect your financial future.
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Health Savings Account
An HSA is an individual account you own that can be used to pay for out-of-pocket qualified medical expenses that your health plan doesn’t cover. You decide how much to contribute, when to tap into your HSA, and how to invest your savings.
Health Savings Account
You can set up a Health Savings Account (HSA) when you enroll in the HSA medical plan.
- HSAs help you save for upcoming medical expenses
- There is no "use it or lose it" rule
- With an HSA, every time you incur a healthcare expense, you decide whether to:
- Make a tax-free withdrawal from your account to cover the cost of medical, dental or vision expenses or to pay for deductibles, copays or coinsurance
- OR pay those expenses out of your own pocket and SAVE the money in your HSA for future expenses
- You contribute to the HSA through pre-tax payroll deductions, up to the annual limit set by the IRS.*
- The funds in your HSA can be used to pay for qualified health care expenses.
- You can also save the funds to pay for future health care costs. You can even use them once you are retired.
*The 2026 IRS limit is $4,400 if on an employee-only plan and $8,750 if you’re covering dependents. Individuals aged 55 and older can contribute an additional $1,000 as a catch-up contribution.
Updated Resources
Flex Spending Account (FSA)
FSAs are accounts that are fully funded on the day of eligibility and then paid back through tax-advantaged payroll contributions. You have access to funds on day one, and the entire amount is available for qualified expenses.
TYPES OF FSAs
- Health Care FSAs can be used to pay eligible medical, prescription, dental, and vision expenses. This option is available when enrolled in a PPO or HDHP medical plan or have waived medical coverage.
- Limited Purpose FSAs are limited to only eligible dental and vision expenses. This option is only available for when you are enrolled in the HSA Medical Plan. Due to IRS regulations, if you are eligible for a Health Savings Account, you are limited to this type of FSA.
For more information, click here.
What’s the difference between an HSA and an FSA? Click here.
Updated Resources
Dependent Care FSA
A Dependent Care Flexible Spending Account (FSA) allows you to set aside pre-tax dollars from your paycheck to cover eligible dependent care expenses. You can use these funds for work-related childcare or elder care costs such as daycare, preschool, before- and after-school programs, summer camps for children under 13, or qualified elder care services that enable you to work.
About Dependent Care FSA
You want this if:
With a Dependent Care FSA, you elect to have your annual contribution amount deducted from your paycheck each pay period, in equal installments throughout the year, until you reach the yearly maximum you have specified.
Use your Dependent Care FSA to reimburse yourself for certain qualified dependent care expenses, as allowed by the IRS. Examples include:
- Babysitting (work-related) • Before or after school programs
- Licensed nursery schools
- Qualified childcare centers
- Custodial elder care (work-related)
- Elder care (while you work, to enable you to work, or to look for work)
- Sick childcare
- Summer camps (for dependent children under age 13)
- Preschool tuition
Click here for more information.
Updated Resources
401(K)
A 401(k) helps you plan for your future by saving for retirement through convenient payroll contributions. Your account grows over time with tax advantages and potential employer matching to help you reach your long-term financial goals.
401K SUMMARY
Eligible employees are auto-enrolled at 6% on a pre-tax basis on the 1st of the month following 2 months after their hire date. When eligibility requirements are met, the company will match 33% up to a maximum of 6% of an employee’s salary. The company match is a discretionary benefit.
- Pre-tax benefit
- Auto-enrolled after 2 months unless you opt out
- To opt out, contact Fidelity at 800-835-5095 or visit 401k.com
- Change elections anytime
- Company match when eligibility requirements are met
- Roth options available