Through MyEnroll.com, BAS provides flexible spending account plan participants the ability to have their FSA reimbursements directly deposited into an approved bank account (checking, savings, or money market) through ACH Authorization. Employees who authorize direct deposit are assured faster access to their FSA reimbursements.
BAS remits approved and employer-funded FSA reimbursements to participants each Tuesday. For participants who authorize ACH, the reimbursement amount is reflected directly in the participant's bank account. Participants who have not authorized ACH receive a paper check mailed on Tuesday, thereby pushing off actual receipt of funds. Even with ACH Authorization, participants still receive a paper Explanation of Benefits identifying the approved reimbursement.
Participants can set up their ACH Authorization from the MyEnroll.com login page. To set up ACH Authorization:
1) Log in to MyEnroll.com
2) On the Employee Home Page, select “ACH Authorization” under the Benefit Plans menu on the left-hand side of the page.
3) Select the “Set up ACH” tab, and enter the requested information.
Participants may also print out a blank ACH authorization form and either mail or fax the completed form to BAS, accompanied by a copy of a voided check.
For more information about the MyEnroll ACH Authorization, contact your Account Manager or sales@BASusa.com.
