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CARY INSTITUTE OF ECOSYSTEM STUDIES FLEXIBLE BENEFITS PLAN Election Form and Compensation Reduction Agreement Employee Last Name: First Name: MI: Employee Social Security Number: DOB: Sex: Marital
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How to fill out 2013 flexible spending enrollment

How to fill out 2013 flexible spending enrollment:
01
Begin by obtaining the necessary enrollment forms from your employer or benefits administrator. These forms are typically provided during the open enrollment period, which is usually towards the end of the year for the following year.
02
Carefully read the instructions and guidelines provided with the enrollment forms. This will help you understand the process and any specific requirements associated with filling out the form.
03
Start by providing your personal information, such as your name, address, date of birth, and employment details. Make sure to double-check the accuracy of the information before moving forward.
04
Determine the amount of money you want to contribute to your flexible spending account (FSA) for the year 2013. This amount will be deducted from your paycheck on a pre-tax basis and can be used to cover eligible healthcare or dependent care expenses.
05
Indicate your desired contribution amount on the enrollment form, taking into consideration any limits or guidelines set by your employer or the IRS. If you are unsure about the appropriate amount to contribute, consider consulting with a benefits specialist or financial advisor.
06
If you are enrolling in a healthcare FSA, you may need to indicate whether you want a debit card to access the funds or if you prefer to submit reimbursement claims manually. Each option has its own advantages, so choose the one that suits your needs best.
07
Carefully review your enrollment form for accuracy and completeness before submitting it. Make sure to sign and date the form as required.
08
Return the completed form to your employer or benefits administrator within the designated timeframe. Keep a copy of the form for your records.
09
Following submission, monitor your payroll deductions to confirm that the correct amount is being deducted for your flexible spending account contributions.
10
Familiarize yourself with the eligible expenses and rules associated with your FSA to ensure you fully understand how to utilize the funds throughout the year.
Who needs 2013 flexible spending enrollment?
01
Employees who have access to a flexible spending account (FSA) benefit through their employer may need to complete the 2013 flexible spending enrollment. This allows them to designate a certain amount of pre-tax dollars to be contributed towards healthcare expenses or dependent care expenses.
02
Individuals who anticipate having eligible expenses within the upcoming year may find it beneficial to enroll in a flexible spending account. This can help them save money by reducing their taxable income and providing tax-free funds for eligible expenses.
03
It is important to note that the availability of a flexible spending account and the enrollment process may vary depending on the employer's benefits program. Employees should consult their employer's HR department or benefits administrator to determine if they are eligible for 2013 flexible spending enrollment and to obtain the necessary enrollment forms and guidelines.
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What is flexible spending enrollment form?
The flexible spending enrollment form is a document used to elect to participate in a flexible spending account (FSA) which allows employees to set aside pre-tax money for eligible medical expenses.
Who is required to file flexible spending enrollment form?
Employees who wish to participate in a flexible spending account are required to file the flexible spending enrollment form.
How to fill out flexible spending enrollment form?
To fill out the flexible spending enrollment form, employees need to provide their personal information, choose the amount to contribute to the FSA, and select eligible expenses to be covered.
What is the purpose of flexible spending enrollment form?
The purpose of the flexible spending enrollment form is to allow employees to set aside pre-tax money for eligible medical expenses, reducing their taxable income.
What information must be reported on flexible spending enrollment form?
Information such as personal details, contribution amount, and selected eligible expenses must be reported on the flexible spending enrollment form.
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