2023 Flex Spending Account Open Enrollment Period
Human Resource Services
hrs at plattsburgh.edu
Mon Oct 31 17:00:00 UTC 2022
I am pleased to announce the 2023 open enrollment campaign for the Flex
Spending Account (FSA). The enrollment period will run from November 1,
2022 to December 12, 2022. The FSA is a state employee benefit that saves
you money by allowing you to pay for certain expenses with pre-tax
dollars. Under this program, you can choose from three different benefits:
-The Health Care Spending Account (HCSA) currently lets you set aside any
amount from $100 up to $3,050 for the 2023 plan year to pay for health care
expenses that are not reimbursed by your health insurance or other benefit
plan. However, only medically necessary medical, hospital, dental, vision,
hearing, and prescription drug expenses for you, your spouse, and your
eligible dependents can be reimbursed by your HCSA.
-The Dependent Care Advantage Account (DCAA) allows your family to set
aside up to $5,000 in pre-tax salary for eligible custodial child care,
elder care, or disabled dependent care expenses that are necessary for you
and your spouse, if you are married, to work.
-The Adoption Advantage Account lets you pay for expenses related to the
adoption of an eligible child with pre-tax dollars. Employees who are
represented by CSEA, UUP, NYSCOPBA, PBA-Supervisors, and M/C employees are
eligible for this program.
Employer Contribution in the DCAA:
The DCAA Employer Contribution will be available in 2023 for unions that
have agreements to participate in the employer contribution program. The
following employees are currently eligible for the employer contribution:
M/C and employees represented by CSEA, PEF, UUP, NYSCOPBA or GSEU. This is
a one time yearly employer contribution of $500 - $1000 based on the
employees State salary.
The 2023 Plan Year Employer Contribution Rates are:
If Your Salary Is…………………………..The Employer Contribution Is…
Under $30,000……………………………………..….$1000
$30,001 - $40,000…………………………………….$900
$40,001 - $50,000…………………………………….$800
$50,001 - $60,000…………………………………….$700
$60,001 - $70,000…………………………………….$600
Over $70,000…………………………………….……$500
GSEU Employees only (regardless of salary)…$800
The Employer Contribution may be available to state employees in other
bargaining units for the 2023 plan year pending conclusion of negotiations
and ratified contracts. Based on salary, the Employer Contribution will
provide up to $800 for eligible employees who enroll in the DCAA. For
Employer Contribution updates please visit the FSA website: goer.ny.gov/FSA
or call 1-800-358-7202.
What's the catch? Use it or lose it!
The key is to estimate your expenses carefully. According to IRS
regulations, if you overestimate your costs, you will lose any money that
remains in your account at the end of the calendar year.
If you are currently enrolled in the Flex Spending Account, you must
re-enroll to continue your benefits in 2023. Please note that the deadline
is strictly enforced so be sure to enroll by DECEMBER 12, 2022 (No later
than 11:59 P.M. ET)
It is easy to enroll in the Flex Spending Account. Just submit your
application for enrollment online at goer.ny.gov/FSA. If you do not have
access to the Internet, apply by telephone at 1-800-358-7202. You will
need your NYS EMPLID number, which is located on your paystub, to complete
your application.
Reference the informational brochure
<https://oer.ny.gov/system/files/documents/2022/10/nys_fsa2023_flyer.pdf>
for additional information.
*HUMAN RESOURCE SERVICES*
912 Kehoe Building
101 Broad Street
<https://maps.google.com/?q=101+Broad+Street+Plattsburgh,+NY+12901&entry=gmail&source=g>
Plattsburgh, NY 12901
<https://maps.google.com/?q=101+Broad+Street+Plattsburgh,+NY+12901&entry=gmail&source=g>
(o) 518-564-5062 <(518)%20564-5062>
(f) 518-564-5060 <(518)%20564-5060>
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