Flexible Spending Account – Section 125. This plan allows you to set aside a specific pretax dollar amount for unreimbursed medical, dental, and dependent care expenses. You will receive an email notifying you of the open enrollment period which is during the month of November of every year.
Flexible Spending Account – Section 125. Employees may voluntarily participate in the IRC Section 125 Flexible Spending Account program, to include medical expenditures and/or dependent care expenditures. The City will pay any administrative fees. The City may eliminate the medical plan component of this program if the City must include this program as a part of medical plan value in the calculation of excise tax liability under a federal healthcare initiative.
Flexible Spending Account – Section 125. The City of Xxxxxx shall continue to provide access to a Flexible Spending Account. The availability of the type of FSA is dependent on medical coverage. Dependent care FSAs are not dependent on medical coverage and are available to all employees. Employees may contribute their own funds to the plan maximum.
