To Faculty and Staff:
We are pleased to announce the 2024 Open Enrollment Period for the New York State
Flex Spending Account (FSA) will run from November 1, 2023 to December 11, 2023.
The FSA, a program negotiated between the State and its public employee unions, consists
of three important benefits for employees -- the Health Care Spending Account (HCSA),
the Dependent Care Advantage Account (DCAA), and the Adoption Advantage Account. Eligible
employees may choose to enroll in any or all of the accounts.
For the 2024 plan year, employees may contribute up to $3,050 through pre-tax payroll
deductions to the HCSA for eligible health care expenses that are not covered by a
health insurance plan. In addition, employees may contribute up to $5,000 pre-tax
dollars per year to a DCAA for elder care, disabled dependent care, or child care
expenses. Lastly, employees may contribute to the Adoption Advantage Account for expenses
related to the adoption of an eligible child with pre-tax dollars. Contributions are
deducted biweekly from an employee’s gross pay and deposited into the appropriate
account.
Additional information can be found here. If you have any questions regarding the FSA, please contact fsa@oer.ny.gov.
Office of Human Resources
Benefits@farmingdale.edu
