Open Enrollment is an annual period, usually in October, when you may make changes to your benefits for the following calendar year. Benefits include the health, dental, vision and legal services plans plus flexible spending accounts. Life insurance, Long-Term Disability, and the retirement savings plans are not part of Open Enrollment and you may enroll or make changes to your coverage or enrollment in these plans at any time.
There is still time to enroll in a Flexible Spending Account for 2017
Open Enrollment for 2017 benefits ended at 5:00 p.m. (EST) on Friday, November 4, 2016, but there is still time to enroll in a flexible spending account. For most benefits, you do not need to do anything to keep your coverage for the next calendar year, however FSAs are different. FSAs are an IRS-regulated benefit, and IRS rules do not allow FSA enrollments to carry over from year to year. If you want to participate in an FSA for 2017, you need to re-enroll even if you currently have an FSA.
How to Enroll in a 2017 FSA
Submit your form by December 2, 2016 to have your funds available for reimbursement on January 1, 2017.
Submit your form by December 31, 2016 and your funds will be available for reimbursement on February 1, 2017. You may incur eligible expenses in January, but you will not be able to file claims on your 2017 account or use your PayFlex card until February 1. 2017.
Please note, these dates are for Health Care FSAs only.