Save on a wide variety of everyday medical, dental, vision, daycare, parking, and transit expenses with a pre-tax savings account. It’s a tax break that’s simple to use.
When you enroll, you determine the dollar amount you want to contribute to each account based on your estimated expenses for the upcoming plan year – January 1 to December 31, 2024. The more you contribute to your pre-tax savings accounts, the more you reduce your taxable gross salary. When you pay less in taxes, your take-home pay increases!
Your contributions will be deducted in equal amounts from each paycheck, pre-tax, throughout the plan year:
- Biweekly: 24 pay periods
- Monthly: 12 pay periods
- 9-Month: 18 pay periods
If you have a ConnectYourCare payment card, continue to use the card until it expires. Optum Financial will only issue new payment cards for new enrollments, when a card is about to expire, or if a card needs to be replaced.