FAQs

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Page 13 of 23, Showing 10 Results

• Is there an Open Season every year? If so, when is it held? Open Closed

  Yes, there is an annual enrollment period called "Open Season" Open Season for FSAFEDS is always held concurrently with the Federal Benefits Open Season from mid-November to mid-December. Your FSA elections made during Open Season are effective fo… Read more…the full answer

• Can I change my mind during Open Season? Open Closed

  Yes, you may change your election and allotment amount (FSA contribution) as often as you want during the Open Season timeframe . Your last change as of midnight Eastern Time on the day Open … Read more…the full answer

• I am in a situation where I am unable to enroll during the Open Season although I'm still active on my agency's payroll. Can I still enroll? Open Closed

  If you were unable to enroll during the entire Open Season for reasons outside of your control, you may qualify for a Belated Enrollment . To qualify, Belated Enrollme… Read more…the full answer

• I did not enroll in an HCFSA, a LEX HCFSA or a DCFSA during Open Season. Will I have an opportunity to enroll at a later date? Open Closed

  Unless you are a new or newly eligible employee, experience a qualifying life event… Read more…the full answer

• Can I change my election after I've enrolled? Open Closed

  You can only change your election if you experience a qualifying life event (QLE) as defined by the IRS. QLEs allow you the opportunity to enroll (if you haven't) or change your FSA election… Read more…the full answer

• What is a qualifying life event? Open Closed

  A qualifying life event (QLE) allows you to enroll or change your FSA election. These events are defined by the IRS and include: Change in your legal marital status (i.e., … Read more…the full answer

• How do I enroll in FSAFEDS if I am a new or newly eligible employee? Open Closed

  If you are a new or newly eligible employee* you have 60 days from your hire date to enroll in FSAFEDS, but you must enroll prior to October 1 of any benefit period (plan year). If you do not enroll before October 1, you cannot participate… Read more…the full answer

• I'm a new/newly eligible employee. How long do I have to make an election? Open Closed

  If you are a new or newly eligible employee and you want to participate in FSAFEDS, you have 60 days after your hire date, but prior to October 1 of any benefit period (plan year), to make an election to participate in a … Read more…the full answer

• When is my election or change in election effective? Open Closed

  The following chart summarizes when your election is effective after enrollment: … Read more…the full answer

• I enrolled during Open Season. When will my FSA be effective? Open Closed

  If you enroll during Open Season (mid-November to mid-December), your FSA will be effective January 1 of the next benefit period (plan year).… Read more…the full answer