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All about tax-advantaged accounts

 

Dolby supports your financial wellbeing by providing multiple tax-advantaged account options. These accounts help stretch paycheck dollars while creating a reserve of funds to cover eligible expenses.

Flexible Spending Accounts (FSAs) features

  • Set aside tax-free funds to pay for eligible expenses

  • Option of Healthcare FSA and/or Dependent Care FSA

  • Use-it-or-lose-it (Healthcare FSA participants may roll up to $610 of their 2023-2024 FSA contribution into the following plan year)

  • Cannot be enrolled in both the Healthcare FSA and HSA

  • You must enroll each year that you wish to participate

Health Savings Account (HSA) features

  • Set aside tax-free funds to pay for eligible expenses

  • Requires enrollment in the Cigna HSA Compatible PPO

  • HSA funds never expire

  • Cannot be enrolled in both the Healthcare FSA and HSA

  • Dolby contributes $1,000 for employee-only coverage or $2,000 for family coverage

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