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Flexible Spending Open Enrollment Period OCTOBER 21 NOVEMBER 22, 2013, What is Flexible Spending? DON'T FORGET! ? DEBIT CARD When you sign up for the Medical/Dental Account you will receive a debit
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How to fill out flexible spending open enrollment

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How to fill out flexible spending open enrollment:

01
Gather necessary information: Before starting the enrollment process, make sure you have all the required information handy, such as your identification details, social security number, and any dependent information that may be relevant.
02
Review plan options: Take the time to thoroughly review the available plan options for flexible spending. Understand the different coverage levels, deductibles, co-pays, and any other factors that may impact your healthcare or dependent care needs.
03
Determine your needs: Assess your anticipated healthcare or dependent care expenses for the upcoming year. Consider factors such as regular prescriptions, doctor visits, or expected child care costs. This will help you select the appropriate level of coverage during the open enrollment.
04
Fill out the enrollment form: Complete the enrollment form provided by your employer or the benefits administrator. Ensure you provide accurate and up-to-date information, such as your contact details, dependent information, and the selected coverage options.
05
Review and confirm: After completing the form, carefully review all the information provided for accuracy. Double-check that you have filled out all the necessary sections correctly before submitting the form.
06
Submit the enrollment form: Once you are confident that all the information is accurate, submit the enrollment form to your employer or benefits administrator within the designated timeframe. Make sure to adhere to any deadlines specified to ensure your enrollment is processed in a timely manner.

Who needs flexible spending open enrollment?

01
Employees with healthcare expenses: Flexible spending open enrollment is essential for employees who anticipate having healthcare expenses in the upcoming year. This could include individuals with chronic illnesses, anticipated surgeries, or regular medication requirements.
02
Parents or guardians with dependent care needs: Open enrollment for flexible spending is also crucial for parents or guardians who require dependent care assistance. This may involve child care expenses or care for elderly or disabled family members.
03
Individuals looking to save on taxes: Flex spending accounts allow individuals to set aside pre-tax dollars for eligible healthcare or dependent care expenses. Therefore, anyone interested in maximizing their tax savings should consider participating in flexible spending open enrollment.
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Flexible spending open enrollment is a period during which employees can elect to contribute a portion of their salary to a flexible spending account to pay for eligible healthcare or dependent care expenses.
Employees who wish to participate in a flexible spending account or make changes to their current contribution amount are required to file flexible spending open enrollment.
Employees can typically fill out flexible spending open enrollment forms online through their employer's benefits portal or in person with a benefits administrator.
The purpose of flexible spending open enrollment is to allow employees to set aside pre-tax dollars to pay for eligible healthcare or dependent care expenses, thereby reducing their taxable income.
Employees may need to report their desired contribution amount, dependent information, and any eligible expenses they anticipate incurring during the plan year.
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