Save the Date – Open Enrollment November 1st-14th
Benefits Open Enrollment is being conducted electronically again this year. You will be receiving an e-mail (ooa Oct 30th) detailing our 2016 benefits as well as step-by-step instructions on how to enroll using BannerWeb. Human Resources will gladly help you through the process; if you have questions please call x2320.
All benefits eligible Faculty and Staff are required to complete Open Enrollment between November 1st & 14th.
Flexible Spending Accounts – it’s not too early to start calculating your 2016 annual election. Per federal law, this year’s annual limit is $2,550 (plus you may roll up to $500 of unused 2015 Health Care FSA funds into your 2016 account). If you will have large medical expenses next year (orthodontist work, laser eye surgery, etc.) you should make sure you know how much your out of pocket cost will be for these services before Open Enrollment starts.
For additional information on Flexible Spending Accounts, including a Planning Worksheet visit the Flex Spending webpage.
For Questions and Answers regarding the Health Care FSA rollover click here