If you have additional questions about IRS rules consult Publication 502 “Medical and Dental Expenses;” and 503 “Child and Dependent Care Expenses.”
Save all your receipts in one place, perhaps in a file or envelope to help you stay organized throughout the plan year.
Receipts must show:
The IRS does not consider credit card receipts, cancelled checks or balance forward statements as acceptable forms of receipts. For over-the-counter (OTC) items; include a doctor’s note and clarify the specific item or include a photocopy of the package.
Examples of receipts include:
Receipts are required to verify that you are spending money from your account on qualified expenses. You can submit your receipts once or as often as you like. However, processing of reimbursement checks require a minimum of $20.00 of receipts. You may access your personal account online or call ABS to confirm account balances.
Advanced Benefit Strategies
30 Mill Street
Unionville, CT 06085
Phone: 877-732-8125
Fax: 860-673-2207
© 2021 Advanced Benefit Strategies, Inc.
Advanced Benefit Strategies is an Equal Opportunity Employer.
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Advanced Benefit Strategies, Inc. Recognized by WEX for Outstanding Achievements
Earns Marketing Innovator Award
Unionville, CT — May 17, 2022 — Advanced Benefit Strategies, Inc. has been honored by WEX (NYSE: WEX) with a 2021 Partner Award for outstanding business achievements. Advanced benefit Strategies, Inc. recently received the Partner Award for Marketing Innovator from WEX, the global commerce platform that simplifies the business of running a business.
Advanced Benefit Strategies, Inc. was selected for this award because of its efforts in working with WEX to reach — and surpass — new heights in the consumer-driven healthcare market. Advanced Benefit Strategies, Inc. utilizes innovation and creativity to increase plan adoption and revenue generation.
The Partner Awards, established in 2008, are presented yearly and recognize WEX partner organizations that have achieved extraordinary notable accomplishments. Award recipients were recognized for reaching significant milestones in 2021 across several areas including growth, advocacy, leadership, innovation, and customer service as well as overall outstanding partner successes.
The 2021 Partner Awards were presented in nine categories: Sales Innovator, Service Innovator, Marketing Innovator, Visionary, Leadership, COBRA Partner of the Year, CDH Platform Partner of the Year, New Partner of the Year, and Partner of the Year.