Today's Message
Posted: Friday, October 14, 2011NYS Flex Spending Account 2012 Open Enrollment
Open enrollment for the 2012 NYS Flex Spending Account (FSA) is Friday, October 14, through Monday, November 14. The account offers two benefits: the Health Care Spending Account (HCSAccount) and the Dependent Care Advantage Account (DCAAccount).
The HCSAccount allows employees to set aside from $100 to $4,000 annually in pretax salary to pay for health-care expenses not reimbursed by health insurance.
The DCAAccount allows employees to set aside up to $5,000 annually for child care, elder care, or disabled dependent care expenses on a pretax basis. Please note: The current DCAAccount employer contribution ends at the end of 2011. Future availability of the employer contribution depends on the outcome of negotiations between the state and the unions that participate in the program. For employer contribution updates, please call (800) 358-7202.
Participants currently enrolled in the HCSAccount or DCAAccount must reenroll to continue benefits in 2012.
Paperless enrollment is quick, easy, and secure. For program details or to enroll in the Flex Spending Account, visit www.flexspend.ny.gov or call the FSA hotline at (800) 358-7202.
