Health Equity is the third party administrator. Visit this site and you will find videos, documents and tools to answer your questions about flexible spending accounts.
FSA accounts have mandatory enrollment each year. You must re-enroll for the 2018 flexible spending plans; renewal is not automatic. All eligible members should fill out a form indicating either (a) your contribution amounts or (b) declining participation.
2018 Contribution Limits:
Minimum contribution for a flexible spending account is $300 per calendar year.
Maximum contribution for a health care flex account is $2,650 per calendar year.
Maximum contribution for a dependent care flex account is $5,000 per calendar year.
Direct deposit is available for flex reimbursements.
You can rollover a maximum of $500 of your 2017 FSA. An account will automatically be created for you in 2018 with the unused funds.
Healthcare FSA accounts with a balance of more than $500 will forfeit amounts over $500.
No rollover is available for dependent care accounts; unused contributions are forfeited.
Claims for 2017 expenses may be submitted to through March 31, 2018.