FAQs

 Eligibility & Enrollment (Displaying results 41-50 of 54)

Page 5 of 6, Showing 10 Results

• What is a qualifying life event? Open Closed

  A qualifying life event (QLE) allows you to enroll or change your FSA election. These events are defined by the IRS and include: Change in your legal marital status (i.e., … Read more…the full answer

• How do I enroll in FSAFEDS if I am a new or newly eligible employee? Open Closed

  If you are a new or newly eligible employee* you have 60 days from your hire date to enroll in FSAFEDS, but you must enroll prior to October 1 of any benefit period (plan year). If you do not enroll before October 1, you cannot participate… Read more…the full answer

• I'm a new/newly eligible employee. How long do I have to make an election? Open Closed

  If you are a new or newly eligible employee and you want to participate in FSAFEDS, you have 60 days after your hire date, but prior to October 1 of any benefit period (plan year), to make an election to participate in a … Read more…the full answer

• As a new employee, if I choose to make an election within the 60 days, how long do I have to change my mind? Open Closed

  Your election is effective at midnight on the day after it is received. If you change your mind, you can cancel or change your election before this deadline. Once your election is finalized, it cannot be changed unless you experience a … Read more…the full answer

• When is my election or change in election effective? Open Closed

  The following chart summarizes when your election is effective: IF YOU ENR… Read more…the full answer

• I enrolled during Open Season. When will my FSA be effective? Open Closed

  If you enroll during Open Season (mid-November to mid-December), your FSA will be effective January 1 of the next benefit period (plan year).… Read more…the full answer

• If I enroll outside of Open Season, when will my HCFSA, LEX HCFSA or DCFSA be effective? Open Closed

  If you enroll in FSAFEDS with a Belated Enrollment or as a new or newly eligible employee, your election will generally be effective the next day after you enroll, but not before January 1 (which is the st… Read more…the full answer

• When will my Belated Enrollment become effective? Open Closed

  A Belated Enrollment which has been accepted by FSAFEDS no later than December 31 following Open Season is effective on January 1. If we accept your enrollment after December 31, your Belated Enrollment will be effective the day after your electio… Read more…the full answer

• Can I enroll in more than one FSA at a time? Open Closed

  Yes, if you choose. For instance, if both a Health Care FSA and a Dependent Care FSA fit your family's needs, simply enroll in each one during Open Season. Please see Explore Your Options… Read more…the full answer

• Do I need to provide my Social Security number during the enrollment process? Open Closed

  Yes. Since an FSA sets aside part of your salary before taxes are deducted, and this is a payroll action, your Social Security number (SSN) is required to enroll. If you do not provide your SSN, your election cannot be matched with your payroll pr… Read more…the full answer