10/07/2024
šØTHE OPEN ENROLLMENT COUNTDOWN IS ON!
Here are three key points to help you prepare:
1ļøā£ NEW Contributions Needed: Your current HCFSA, DCFSA, or HSA elections for the 2024 tax year WILL NOT roll over. To continue payroll deductions starting January 1, 2025, you must elect a new contribution amount. If you donāt, your HCFSA or DCFSA account with Inspira Financial will close on December 31, 2024. Youāll need a qualifying life event to participate outside of the next enrollment period.
2ļøā£ Beneficiary Review: Itās crucial to review your beneficiary information for life, disability, and retirement plans. Log in to Benefitfocus and click āManage Your Beneficiariesā on your dashboard. Donāt forget to check your retirement beneficiaries with TRS for your 401(a) and TIAA for your 403(b) and/or 457(b) plans.
3ļøā£ No Action Needed: If youāre currently enrolled in medical, dental, vision, life, disability, or identity protection coverage and donāt plan to make changes, no action is required! Your benefits will continue as-is starting January 1, 2025.
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Prepare wisely! OE is in 8 days.