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date sepatator

Posted: Friday, November 30, 2012

2013 Flex Spending Account Open Enrollment Period Ends Today

The open enrollment period for the 2013 Flex Spending Account (FSA) program ends today, November 30. You have until 10:00 p.m. to enroll in the two benefits offered: the Health Care Spending Account (HCSAccount) and the Dependent Care Advantage Account (DCAAccount).

The HCSAccount allows employees to set aside from $100 to $2,500 annually in pretax salary to pay for health-care expenses not reimbursed by health insurance.

The DCAAccount allows employees to set aside up to $5,000 annually in pretax salary for eligible child care, elder care, or disabled dependent care expenses. The DCAAccount employer contribution will continue in 2013 for unions that participate in the program and have ratified contracts with the state. For employer contribution updates, please visit the FSA website.

Participants currently enrolled in the HCSAccount or DCAAccount must reenroll to continue benefits for 2013.

For program details or to enroll in the Flex Spending Account, visit www.flexspend.ny.gov  or call the FSA hotline at (800) 358-7202.

Today's deadline for 2013 enrollment will be strictly enforced.

Submitted by: Jeannita McKnight