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Savings and Spending Account

Explore Related FAQs:
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Select a Category
 

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Who is the new administrator for the Sysco Savings and Spending Accounts?

In 2022, the new administrator for the Sysco Savings and Spending Accounts will be PayFlex, one of Aetna’s preferred carriers.

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If I currently have a Sysco Health Savings Account (HSA) through Fidelity, what will happen to my account balance when Sysco transitions to PayFlex as the new HSA administrator?

If you have a Sysco Health Savings Account through Fidelity in 2021, you will have the option to transfer your existing account balance to PayFlex in 2022. HSA contributions as of January 1, 2022, will be deposited through PayFlex. You’ll be contacted about the balance transfer process in the near future.

 

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Will I receive a new debit card to use for Health Savings Account and Flexible Spending Account expenses?

Yes, you will receive a new Savings and Spending Account debit card from PayFlex to use starting January 1, 2022.

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What features will PayFlex offer me in 2022?

Here are some of the features you’ll have with your HSA or FSA account through PayFlex:

  • Online claim submission
  • The ability to pay your provider directly from your account
  • Alerts to keep you informed of your account activity
  • A PayFlex Card®, which is your account debit card
  • Online account management on PayFlex.com
  • And the PayFlex Mobile® app for your smartphone or tablet.

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The 2018 Wellness Rewards Program window ended on November 1, 2017. If you and your spouse completed the requirements by November 1, 2017, and earned your Wellness Reward for 2018, your reward will be deposited in your healthcare expense account in January 2018! Don’t be concerned if your Wellness Reward amount is not displayed in the enrollment system on the Total Rewards Café in 2017. Your 2018 Wellness Reward amount will not appear in the system until January 2018.

Please note: If you and your spouse completed the requirements early — by October 1, 2017 — and did not choose to receive your reward a different way during 2018 Benefits Enrollment, you will receive your reward as a credit to the medical plan premium taken from your paycheck each pay period in 2018. 

Watch for information about the 2019 Wellness Rewards Program coming soon!

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