Benefit
Flexible Spending Accounts (FSA) make it easy for you to set aside a portion of your pretax salary and use it to pay for eligible medical and/or daycare expenses. You may contribute $5,000 per calendar year per household. The minimum contribution is $20 per month.
We have two accounts:
- Health Care for eligible out-of-pocket medical, vision, dental, and over-the-counter drug expenses
- Dependent Care can be used for certified daycare expenses incurred for the care of your child(ren)
- Contact the Employee Benefits Corporation, our FSA administrator, website for more specifics on eligible expenses.
Eligibility
All full-time regular, full-time temporary employees with a one year appointment, and part-time regular employees working over 1,000 per calendar year,.
Enrollment
- Within the first 30 days of employment. Benefit will take effect the 1st of the month following 30 days of employment. For example, if you are hired July 15th, your effective date to participate in a Flexible Spending Account will be September 1st.
- Annual Enrollment
- Qualifying Event
Summary Plan Description
Do you want to know more specifics on our Flexible Spending Accounts? Click here.
Useful Forms and Information Sheets
- Reimbursement Form
- Direct Deposit Form
- Summary Plan Description
- Summary of Eligible Expenses
- Grace Period
- Frequently Asked Questions
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The detail of the Flexible Spending Account plan is contained in the official Plan document. This site is meant to only cover highlights of the Flexible Spending Account benefit. It does not contain all of the details that are included in the Summary Plan Description (SPD) (as described by the Employee Retirement Income Security Act). If there is ever a question about this plan, or if there is a conflict between the information on this site and the formal language of the Plan documents, the formal wording in the Plan documents will govern. Please note that the benefits described on this site may be changed at any time and do not represent a contractual obligation on the part of Marquette University.
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