HR, Payroll and Benefits News

Mid-Year Changes: Healthcare FSA and Dependent Day Care Accounts
May 18, 2021

Due to the COVID-19 pandemic, the Group Insurance Board recently approved the following flexibility granted by the IRS for Healthcare FSAs and Dependent Day Care Accounts.

Healthcare FSAs

Dependent Day Care Accounts

Healthcare and Dependent Day Care Account Carryover from 2020 to 2021: No action is necessary on your part to receive the additional healthcare carryover and/or the dependent day care account carryover. If you have funds that are eligible to be carried over, the funds will automatically be applied to your account mid-June.

Questions: For questions about your flexible spending account, contact Optum Financial/ConnectYourCare at 833-881-8158.

For questions on submitting a dependent care change form or your flexible spending account payroll deductions, contact your institution’s benefits office.

Source: UW System Human Resources
Categories: Employee Reimbursement Account