Flexible Spending Accounts

Enrollment End Date: 

November 10, 2023

Plan Year:

January 1 – December 31, 2024

Medical Expenses Annual Limit:

$3,050.00*

Dependent Care Annual Limit:

$5,000.00*

Claims Processing Schedule:

Weekly

Medical FSA Carry Over Allowance:

$610 of unused health FSA dollars

Run Out Period to turn in expenses:

2 months (ends 2/29/2024)

Plan Administrator:

Flexible Benefit Administrators

Representative:

Dwayne Cromwell

FBA Telephone Number:

800.437.3539 ext.116

Email

dcromwell@flex-admin.com

This enrollment announcement provides information on your opportunity to participate in the Flexible Benefits Plan for the new plan year starting January 1, 2024. If you wish to participate, you must complete the online enrollment process during the open enrollment period of October 20, 2023 through November 10, 2023. If you fail to meet the enrollment deadline, you will not be allowed to join the plan until the next open enrollment period in November 2024.

NOTE: Participants in 2023 that do not re-enroll for 2024 may carry over health care balances upto $610.00.

*2024 IRS limits have not been published as of this writing.

Employees who currently participate in a reimbursement account:

  • Must complete the online enrollment for 2024 if you wish to continue participation.

For More Information- click on the resources below:

Don't forget: Run-Out Period to turn in expenses after the end of the plan year is 2 months. The Run-Out Period ends on February 28 each year.