Flexible Spending Account (FSA) Enrollment Deadline Extended to November 7, 2014
October 31, 2014
The deadline to enroll in or make changes to all other benefit plans remains October 31, 2014 at 4:30p.m. The deadline to enroll in the Flexible Spending Account (FSA) Program and Commuter Benefits for 2015 has been extended through November 7, 2014.
Additionally, we just received notification that the annual contribution limit for the Healthcare Flexible Spending Account and Limited Purpose Flexible Spending Account has increased from $2,500 to $2,550. There is no change to the Dependent Care limit.
Employees that have already enrolled online and received confirmation, or submitted a paper application do not need to take any actions unless they would like to change their election amounts.
Below are the steps for individuals that have originally enrolled and would like to make changes:
Employees, who have yet to enroll in the Flexible Spending Account and/or Commuter Benefits* for 2015 and are interested, may enroll online with TASC or complete a paper application. All enrollments or changes are due no later than 4:30 p.m. on November 7, 2014 to your department HR/Payroll & Benefits Coordinator or online with TASC.
*Commuter Benefits: this benefit is for employees not already taking advantage of pre-tax benefits through payroll deductions and the UW Transportation office. An example is someone who is parking off campus in a private lot and not already getting a pre-tax benefit.
Any questions on benefits please contact 608-262-5650 or email benefits@ohr.wisc.edu.
Source: UW Service Center
Categories: Employee Reimbursement Account