Flexible Spending Accounts

All full-time faculty, full-time, regular and full-time term staff members are eligible to participate.  Eligibility commences the first of the month following the faculty/staff member's employment date.

Flexible Spending Accounts

The Flexible Spending Accounts (FSAs) allow the faculty/staff member to pay certain health care and dependent care expenses with tax-free money.  Each benefits plan year the faculty/staff member can put money into an FSA through pre-tax payroll contributions.  This money can be used to reimburse the faculty/staff member for the eligible out-of-pocket expenses incurred during the plan year.  The University offers for a Health Care FSA and a Dependent Care FSA.

 

Effective January 1, 2014 through December 31, 2014.

Note:  This summary is for discussion purposes only.  The Summary Plan Descriptions available from Human Resources contain detailed description of the benefits.  The Plan Document, on file in Human Resources, is controlling for the adjustment or settlement of disputed claims.