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Ameriflex is the third party administrator for the College\u2019s which offers voluntary benefits to full-time employees on a pre-tax basis through payroll deduction.\u00a0 Electing benefits under this Program allows for employees to reduce their taxable income.\u00a0 Upon initial full-time employment and within 30 days, employees are eligible to participate in flexible spending accounts.\u00a0 If an employee waits, he\/she will be given the opportunity during open enrollment, which is held in December.\u00a0 The benefit year is January-December.<\/p>\n
Health Care Flexible Spending Account (HCFSA)<\/strong><\/p>\n An employee may enroll in the HCFSA for health care expenses by contributing a dollar amount through payroll deduction.\u00a0 The contribution is taken out of the pay before taxes and may be used for various out-of-pocket health expenses (i.e., co-payments and prescription medicine to braces and contact lenses, etc.)<\/p>\n Dependent Care Flexible Spending Account (DCFSA)<\/strong><\/p>\n An employee may enroll in the DCFSA for dependent care expenses by contributing a dollar amount through payroll deduction.\u00a0 The contribution is taken out of the pay before taxes ad may be used for care of a dependent child under age 13, an incapacitated spouse and\/or a dependent adult.\u00a0 \u00a0<\/u><\/p>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":" Ameriflex is the third party administrator for the College\u2019s which offers voluntary benefits to full-time employees on a pre-tax basis through payroll deduction.\u00a0 Electing benefits under this Program allows for employees to reduce their taxable income.\u00a0 Upon initial full-time employment and within 30 days, employees are eligible to participate in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"footnotes":""},"class_list":["post-21986","page","type-page","status-publish","hentry"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t