October 31, 2014
New Federal ERA (FSA) Limits
and Extended Open Enrollment
ETF has just received notification that the federal annual limits for the 2015 Employee Reimbursement Account (to be called a Flexible Spending Account (FSA) in 2015) has increased to $2,550, an increase of $50.
In order to provide our members with additional flexibility due to the increased federal limit and the transition to a new vendor for Employee Reimbursement Accounts (FSA) and Commuter Benefits (Parking/Transit), ETF is extending the open enrollment for TASC-administered plans to November 7, 2014. TASC will close online enrollment at midnight on November 7, 2014.
Open enrollment in these TASC-administered plans will be extended through November 7, 2014:
- Flexible Spending Account (FSA)
- Limited Purpose Flexible Spending Account (LPFSA)
- Dependent Day Care Account
- Transportation Account
- Parking Account
- Health Savings Account
The ETF TASC enrollment line (1-800-745-9202) will also continue to be available for those wishing to enroll over the phone through November 7, 2014.
NOTE: Open Enrollment is only extended for the TASC-administered plans listed above.