With Flexible Reimbursement Accounts, you may set aside pre-tax dollars to pay for eligible medical and dependent care expenses. During the plan year, as you incur eligible expenses, you file a claim for reimbursement using those pre-tax dollars. For more information, consult the flexible reimbursement sourcebook, visit the State benefit website, or the third party administrator's website. These accounts may be used for child day care or elder care for dependents. Employees may enroll within 31 days of their hire date or within 31 days of a life event change .
Enrollment is only for current calendar year.
These accounts may be used for co-payments, deductibles and other eligible expenses. Enrollment is only for the current calendar year. Administrative fees are deducted on a pre-tax basis. Use it or lose it rule Any money contributed during the plan year to these account must be used during that plan year, or it is forfeited. Employees are given 90 days after the end of the plan year to file claims.