Employees can quickly and easily set up direct deposit ACH authorization for flexible spending accounts through MyEnroll.com. Direct Deposit is available for FSA participation regardless of whether an employer authorizes direct deposit for payroll purposes. ACH allows FSA reimbursements to automatically be deposited into an approved checking or savings account on Tuesdays when claims are processed and reimbursed. Instead of a check being mailed by USPS mail when it is authorized, the funds will be immediately deposited in the authorized account. This feature allows participants to receive reimbursement for eligible expenses more quickly.
ACH authorization can be set up from the www.MyEnroll.com login page. To set up ACH Authorization, go to www.MyEnroll.com and click on Flex Spending Accounts, then select Setup FSA Direct Deposit. On the Employee Home Page, select "ACH Authorization" under the Benefit Plans menu on the left hand side of the page. Select the tab "Set up ACH" and following the step-by-step instructions for authorizing banking information. Employees can also print a blank ACH authorization document, and mail or fax the completed form to BAS along with a copy of a cancelled check.
