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Flexible Spending Accounts

Summary

Full-time regular or fixed-term employees, or part-time regular or fixed-term employees scheduled to work a minimum of 1,440 hours per year, may establish a medical and/or dependent care account within 30 days of hire to be effective on the first of the month following the date of hire.

Otherwise, enrollment may take place during the open enrollment period to be effective January 1 of the next year or within 30 days of a family status change.

Flexible Spending Accounts allow employees to set aside pretax dollars for dependent care expenses and medical/dental care expenses not covered by insurance.

 
Last modified: February 17, 2016
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