Dear Nassau County Employees:
The open enrollment period for the 2021 Flex Benefits Program is:
October 26th through November 30th, 2020
The Flex Benefits Plan (Flexible Spending Account & Dependent Care-FSA) is administered by Aetna, Inc. and can result in true pre-tax dollar savings for you and your family! Here's how it works:
The County's Flexible Benefits Plan enables you to deduct the cost of many out-of-pocket health care and dependent care related expenses not covered by your insurance provider. By determining what your annual expenses for these items will be, and having pre-tax dollars deducted from your paycheck, you will realize significant savings for the calendar year.
The maximum contribution for the plan in 2021 is *$2,750 for Health Care and *$5,000 for Dependent Care if filing joint federal income tax return and $2,500 for Dependent Care if married and filing separate federal income tax returns. (Note: For a child to qualify for Dependent Care, he/she would have to be a tax dependent of yours who is under age 13 when the dependent care services are rendered.) The minimum contribution is $500 combined for both plans. (For example: $100 for Health Care and $400 for Dependent Care.)
The County will be participating in the Grace Period Option as it relates to unused funds in your FSA health account. This means that you will have until March 15, 2022 to incur qualified expenses that can be reimbursed from any unused contributions made in 2021; and until March 31, 2022 to submit your claims. Please be reminded that any unused amount remaining in your 2020 Health Care FSA as of March 15, 2021, or as of the date your employment terminates, will be forfeited. Therefore, please consider carefully the amounts you would like to contribute to your 2020 FSA accounts and complete the attached application form.
You should submit the completed form to your HR representative by November 30, 2020.
*Subject to change - as of today the IRS has not issued an increase for 2021 FSA maximum contribution amounts. Generally the increase is $50 over the prior year. If you would like us to increase your election to the maximum amount, should the IRS announce one, please write "max" on the form in the space provided for your election amount and we will make the adjustment.
Also, if this is your first year enrolling in HealthCare FSA, please note that at the top of your form so that we can expedite processing of your Flex card.
Open House: Due to COVID-19 pandemic we will not be having Open House events this year. If you have any questions please call Customer Service at 1-888-678-8242 or 1-844-729-3539, Monday to Friday from 8:00AM to 8:00PM and Saturday from 10:00AM to 3:00PM.
Click on links below for additional information and required forms.
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