10/07/2024
🚨THE OPEN ENROLLMENT COUNTDOWN IS ON!
Here are three key points to help you prepare:
1️⃣ 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 don’t, your HCFSA or DCFSA account with Inspira Financial will close on December 31, 2024. You’ll need a qualifying life event to participate outside of the next enrollment period.
2️⃣ Beneficiary Review: It’s crucial to review your beneficiary information for life, disability, and retirement plans. Log in to Benefitfocus and click ‘Manage Your Beneficiaries’ on your dashboard. Don’t forget to check your retirement beneficiaries with TRS for your 401(a) and TIAA for your 403(b) and/or 457(b) plans.
3️⃣ No Action Needed: If you’re currently enrolled in medical, dental, vision, life, disability, or identity protection coverage and don’t plan to make changes, no action is required! Your benefits will continue as-is starting January 1, 2025.
✅ Prepare wisely! OE is in 8 days.