BASIC NEO

Cedarwood Development, Inc.

Welcome! Open enrollment for the Cedarwood Development, Inc. Flexible Spending Account plan is now through June 30th, 2020. If you want to participate in the plan for the 2020-2021 plan year, you must enroll before that date. Use the links to the right to learn about the benefits of joining an FSA.

*** SCROLL DOWN TO ENTER YOUR ELECTION INFORMATION ***

You may make changes to your election any time up to the deadline date noted above. Make the changes you want and resubmit your election. Your prior election will be overwritten.

Questions? Contact BASIC NEO at 1-800-775-3539 or admin@BasicNEO.com.

[message_box title="Enrollment is Closed" color="yellow"]The FSA Open Enrollment period for your company has expired. If you are entering the plan mid-year as a newly eligible employee or because of a change in status, contact your benefits manager to make your election.[/message_box]

Helpful Information and Resources

Save big by paying for health or child care expenses with pretax dollars!

General Purpose Health FSA vs. Limited Health FSA

The general-purpose health FSA can be used for any medical expense as allowed by IRS Section 213, including medical, dental, vision, prescriptions, etc. The general-purpose health FSA is not available to you if you or your spouse participate in a Health Savings Account (HSA).
The Limited-purpose health FSA may be used by employees covered under a Health Savings Account (HSA) Plan. Reimbursement is limited to Dental & Vision expenses ONLY.

How do I submit a claim?

BASIC will accept your claim submission by mail, fax, email or online!

What is the deadline to submit a claim?

Active employees have 90 days after the last day of the Plan Year to submit claims for expenses incurred in the prior year. For example, if your Plan Year ends December 31st, you will have until March 31st of the following year (90 days) to mail, fax or email your claim(s) to our office. Any claims after that date will not be accepted. Claim submission periods for terminated participants may vary.

Payroll Frequency

This describes how often you get paid and the number of times that your FSA deduction will be taken from your check throughout the plan year.

Per Pay Deduction

This is the amount you choose to have withheld from each paycheck.

Looking for ways to use your FSA dollars?

FSAStore.com offers the largest online selection of FSA-eligible products, accepts all major credit cards, and offers free shipping on all orders of $50 or more. Click here to get $10 off your next purchase!

Welcome to BASIC - CA and Akron, OH Locations

Cedarwood Development, Inc.

Save big by paying for health or child care expenses with pretax dollars!

What’s covered under my FSA?

Frequently asked questions about using the FSA plan.

Use this cool tool to estimate how much you can save using the FSA plan.