Tax-Advantaged Accounts

Flexible Spending Account (fSA) and Dependent Care FSA (DCFSA)

The max FSA amount is $3,300, with an allowable rollover of $660. The max amount for Dependent Care FSA is $5,000. The Liberty Energy ER code is RMRLIB. FSA funds can only be used in the current plan year (Example: You can’t use your funds from this year to pay for a claim in 2023.)

Resources

Essential Tips for Maximizing Your FSA

Understanding Eligible Expenses

Plan Your Contributions Wisely

Keep Track of Deadlines

Save All Receipts

Monitor Account Balance Regularly

Understand Reimbursement Process

Educate Yourself on Special Circumstances

Essential Tips for Maximizing Your FSA

Understanding Eligible Expenses

Plan Your Contributions Wisely

Keep Track of Deadlines

Save All Receipts

Monitor Account Balance Regularly

Understand Reimbursement Process

Educate Yourself on Special Circumstances

Health Savings Account (HSA)

HSA money can be used to pay for eligible expenses today or can be saved for future expenses. There is no “use-it or lose-it” at the end of the year. Plus, employees choose how much money is deducted from paycheck to help fund their HSA.

HSA Eligibility

Employee MUST be enrolled in the Low Medical Plan to be able to enroll in the HSA. Liberty Energy contributes to eligible employee accounts 90 days after benefits are effective.

  • Employee Only – $250
  • Employee + Spouse – $750
  • Employee + Child(ren) – $750
  • Employee + Family – $1,000

Contribution Limit: $4,300 for employee only and $8,550 for family

Resources

Essential Tips for Maximizing Your HSA

Maximize Contributions

Employer Contributions

Invest Wisely

Track Expenses

Shop Around

Stay Healthy

Plan for the Future

Essential Tips for Maximizing Your HSA

Maximize Contributions

Employer Contributions

Invest Wisely

Track Expenses

Shop Around

Stay Healthy

Plan for the Future

Rocky Mountain Reserve

Rocky Mountain Reserve makes submitting your claims as easy as possible. You can use one of the following methods:

  • Use Your Rocky Mountain Reserve Debit Card – The easiest way to pay for covered services is to use the RMR Debit Card linked to your account
  • Rocky Mountain Reserve App – An easy-to-use mobile app that gives you real-time access on the go. Available for both Apple and Android devices
  • Online Portal – Simple online claim submission – Log into your account at www.rockymountainreserve.com/login
  • Email Claim Form – Email your claim and documentation to RMR at claims@rmrbenefits.com

Resources