Flexible Spending Accounts & Health Savings Accounts

FSA & HSA Contribution Limits 

Health FSA / Limited Purpose FSA $2,750
Dependent Care FSA $5,000
HSA Contribution Maximum Single: $3,650
Family: $7,300
HSA Catch-up Limit (age 55 and older) $1,000
HSA Employer Contribution (Annually)
HSA Employer Contribution- Single Only $500
HSA Employer Contribution- Family $1,000

Flexible Spending Accounts

Our flexible spending plan continues to be managed by LD&B Benefits Administrators located in Harrisonburg, VA.  Employees now have use of a LD&B benefit card. This card acts much like a debit card tied directly to your flexible spending accounts. When presented at your doctor's office and pharmacy, your medical charges are automatically deducted from your designated healthcare flexible spending balance.  If you currently participate in flexible spending, you should retain your LD&B Benefit Card for use in the new plan year.   

Another feature of LD&B is that you will have immediate access to your account balances online through the LD&B website.  Upon enrollment into the flexible spending plan, employees will be issued a PIN number that will allow access to submit claims and view balances.  For more information regarding flexible spending accounts, please take time to view our Flex Benefits Summary

The College will continue to allow employees to roll over any remaining balance up to $550 for the 2022 plan year.  You will continue to have a three-month run out period after the end of the plan year (December 31, 2021) in order to file your claims for 2021.  Any remaining funds from your 2021 election (up to the $550 limit), will be included in your 2022 available balance.  Roll over funds are only available for health care expenses.

Limited Purpose FSA

A Limited Purpose FSA is a Flexible Spending Account (FSA) that is compatible with a Health Savings Account (HSA) and or a Qualified High Deductible Health Plan (like HDHP 7). The eligible expenses under a Limited Purpose FSA account are limited vision and dental charges that are NOT covered by your insurance.

Flexible Spending Customer Service

LD&B (Flexible Spending Administrator)- (800) 366-3846

LD&B Flex Benefits Enrollment Kit 

LD&B Website - Flexible Spending Administrator

Flexible Spending - Healthcare Claim Form

Flexible Spending - Dependent Care Claim Form

Flexible Spending - Direct Deposit Form

Health Savings Account

The Health Savings Accounts associated with our High Deductible Health Plan (PPO HDHP 7) are administered by Health Equity. 

Beginning in 2022, Roanoke College will begin making employer sponsored Health Savings Account (HSA) contributions to employees enrolled in the college-sponsored High Deductible Health Plan 7 (PPO Plan 7). Employees will receive an employer contribution of $500 if you have single coverage or $1,000 if you have family coverage.

Please visit the Health Equity website for FAQs; information on how HSAs work; to find out what expenses are eligible and for access to savings calculators. You'll also find brief videos on a number of topics including how to set up your account, and how to invest and withdraw funds. Health Equity Customer Service is also available to answer any questions you might have about your account or how to open an HSA.

HSA Customer Service:

Health Equity (866) 346-5800

HSA Member Brochure 

HSA Website - Health Equity

Please Click Here to Access Plan Documents