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TASC's new features starting January 2025

Contributions will be available for immediate use; no more waiting to use your funds. As soon as you get paid, the contributions will be available in your TASC account.
ONE card for ALL accounts, this includes the Dependent Day Care FSA!  One card, one payment method, zero hassles.  You will have a more convenient & simple way to pay transactions that are auto substantiated & charged to the proper account automatically, according to priorities set by the plan.  This allows for seamless transactions, and it eliminates the need for reimbursement & the hassle of filing claims.  However, in case you need to be reimbursed for eligible healthcare expenses, you have that option!
MyCash - is an individual cash account that securely holds your reimbursement funds until you spend or move them to your personal account.
When you do not use your TASC Card® to pay for an eligible expense, simply submit a request for reimbursement via the TASC mobile app or online. TASC processes requests daily, and approved reimbursements are deposited directly into your MyCash account—usually within 12 hours. Reimbursements to MyCash are even faster than direct deposit! These are your reimbursement funds, and you can spend them like cash wherever Mastercard is accepted.

Bulk Transfer Information and Black Out Period

If you decide to consent to the bulk transfer process, you will say YES to the HSA Balance Transfer acknowledgement that will be part of the Open Enrollment notices.

  • 1. Log in to PeopleSoft.
  • 2. Navigate to the Employee Self Service section.
  • 3. Select the Open Enrollment tile by November 8th before 5pm. 
  • Follow the prompts, & select YES
  • (*By selecting YES, you acknowledge & accept the HSA transfer to  TASC.)
  • 4.  Scroll up & click SAVE.

HSA Black Out Period

If you decide to consent to the bulk transfer process, you will say YES to the HSA Balance Transfer acknowledgement that will be part of the Open Enrollment notices.

  • 1. Log in to PeopleSoft.
  • 2. Navigate to the Employee Self Service section.
  • 3. Select the Open Enrollment tile by November 8th before 5pm. 
  • Follow the prompts, & select YES
  • (*By selecting YES, you acknowledge & accept the HSA transfer to  TASC.)
  • 4.  Scroll up & click SAVE.​

Account Balance Rollover 

If you have an investment account with Inspira, and you consent to the HSA bulk transfer your investment account will be liquidated, and the funds will be deposited into the HSA. 

You will NOT HAVE ACCESS to Inspira HSA funds for approximately 4 weeks.  Once the HSA cards are turned off on February 7, 2025, TASC & Inspira will work to reconcile the accounts, transfer the funds and your HSA funds will be available on March 7, 2025. 

The benefits of having an HSA

  • Broward County Contribution – When you elect a High Deductible Health Plan (HDHP) AND you and your enrolled spouse/domestic partner (if applicable) complete the County’s Engagement Incentive, Broward County will contribute to the HSA based on the tier of coverage for the plan you choose for the 2025 plan year.
  • Tax savings — Money you contribute to your HSA can reduce your taxable income.
  • Tax-free earnings — Money kept in your HSA earns interest each month.
  • HSA ownership — You decide how to spend or save your HSA funds. If you change jobs or health plans, you keep your funds. You can even name a beneficiary to inherit the funds in your account.
  • No “use-it-or-lose-it” rule — If you don’t use the money in your account by the end of the year, it continues to roll over into the next year.
  • Less paperwork — You don’t have to submit documentation each time you use your HSA. (But it’s still important to save your receipts if the IRS audits you.)
  • Investment options — Once you have at least $1,000 in your HSA, you can choose to invest the funds in your account.​​​​​​

Investment Options

With TASC, you have the opportunity to grow your HSA balance by investing in a variety of mutual funds.  You can do this once you have more than $1,000 in your HSA.
Investing in mutual funds and/or investment model portfolios will transfer money from your HSA Cash Account to your investments. You may wish to ensure you retain enough money in your HSA Cash Account to accommodate future medical expenses.
 
For more information about your investment options

Contact Information

TASC Customer Service:

1-800-422-4661​


bcgtascspendingaccts.com