Flex Options

Custom Benefits Services Flexible spending account plan allows employees to have qualifying expenditures payroll deducted prior to social security and federal income tax calculations. By enrolling in any of the flex accounts you have the opportunity to reduce your payroll taxes.

The different flex accounts options are the following:

• Premiums paid for Health, Dental and Vision Coverage
• Medical Reimbursement Account
  • Maximum contribution for plan is $2,400/year
  • Minimum contribution for plan is $180/year
• Dependent Care Reimbursement Account
  • Maximum contributions are dependent upon your taxable income. Contact HR for more information.
  • Minimum contribution for plan is $180/year

If you choose to participate in any of these programs, you will be able to make changes to your initial elections only if you experience a "qualifying status change" as defined by Section 125 of the IRS Code. Changes must be requested within 31 days of the event. Participation is effective on the first day of the month following your hire date and will run until December 31 of the same calendar year. Each year you will have the opportunity to re-enroll starting January 1.

Pre-Tax Premiums

You will automatically be enrolled in the premium account. This means that any premiums you pay for health, dental and/or vision will be on a pre-tax basis. If you do not wish to participate in this option, you must complete a Cafeteria Plan form to waive this option that can be obtained at the Office of Human Resources.

Reimbursement Accounts

If you wish to participate in the Medical and/or Dependent Reimbursement Account, you must complete the Cafeteria Plan form. The annual amount you designate on your Benefits Election Form will be automatically deducted from you paycheck over your contract period and deposited into your FLEX account. Once you incur an eligible expense, you need to submit a reimbursement request. Reimbursement Request forms are available at the Office of Human Resources. After your request has been reviewed by our FLEX administrator a reimbursement check will be issued to you from the fund in your account.

The IRS has placed some restrictions on reimbursement accounts.

• Any money remaining after you have submitted all claims for the plan year will be forfeited.
• Balances are not allowed to carry forward.