Flexible Spending Accounts
Enrollment End Date: | November 8, 2024 |
Plan Year: | January 1 – December 31, 2025 |
Medical Expenses Annual Limit: | $3,200.00* |
Dependent Care Annual Limit: | $5,000.00* |
Claims Processing Schedule: | Weekly |
Medical FSA Carry Over Allowance: | $610 of unused health FSA dollars |
Run Out Period to turn in expenses: | 2 months (ends 2/28/2025) |
Plan Administrator: | Flexible Benefit Administrators |
Representative: | Dwayne Cromwell |
FBA Telephone Number: | 800.437.3539 ext.116 |
This enrollment announcement provides information on your opportunity to participate in the Flexible Benefits Plan for the new plan year starting January 1, 2025. If you wish to participate, you must complete the online enrollment process during the open enrollment period of October 21, 2024 through November 8, 2024. If you fail to meet the enrollment deadline, you will not be allowed to join the plan until the next open enrollment period in November 2025.
NOTE: Participants in 2024 that do not re-enroll for 2025 may carry over health care balances up to $610.00.
*2025 IRS limits have not been published as of this writing.
Employees who currently participate in a reimbursement account:
Must complete the online enrollment for 2025 if you wish to continue participation.
For More Information- click on the resources below:
Don't forget: Run-Out Period to turn in expenses after the end of the plan year is 2 months. The Run-Out Period ends on February 28 each year.