The Daily Bulletin Archive

Open enrollment for the 2015 NYS Flex Spending Account (FSA) ends Friday, November 7. 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 $2,500 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 in pretax salary for eligible child care, elder care, or disabled dependent care expenses. The DCAAccount employer contribution is available in 2015 for employees who are M/C or represented by CSEA, PEF, UUP, or NYSCOPBA. Pending conclusion of collective bargaining and ratified contracts, the employer contribution may also be available to state employees in other negotiating units. For employer contribution rates, please visit the FSA website.

Participants currently enrolled in the HCSAccount or DCAAccount must re-enroll to continue benefits in 2015.

Paperless enrollment is quick, easy, and secure. For program details or to enroll in the FSA, visit www.flexspend.ny.gov or call the FSA hotline at (800) 358-7202.

The November 7 deadline for 2015 enrollment will be strictly enforced.