Flexible Spending Account (FSA)
The Flexible Spending Account (FSA) allows you to make pre-tax deductions from payroll and then use those pre-tax funds to pay for eligible expenses.
There are two different plans:
- The Health Care FSA Plan is used for eligible out-of-pocket healthcare costs.
- The Dependent Day Care FSA Plan is used for eligible dependent care expenses for children under the age of 13 or dependent adults. You and your spouse must both work or be a full-time student in order to participate.
Health Care FSA
You are able to contribute up to $3,050 into your 2023 Health Care Flexible Spending Account (HCFSA)! This plan includes a grace period that provides an additional 2 1/2 months to incur claims, with a deadline of March 15th, 2024. Claims must be submitted by March 31st of 2024.
Dependent Care FSA
You are able to contribute up to $5,000 into your 2023 Dependent Care Flexible Spending Account (DCA)! This plan includes a grace period that provides an additional 2 1/2 months to incur claims, with a deadline of March 15th, 2024. Claims must be submitted by March 31st of 2024.
Contact Forma at 844-902-2902 or support@joinforma.com
Contact Benefits@cei.com or the CEI Benefits Help Line at ceibenefits@abdanswers.com
For more information on your CEI benefits check out our CEI employee Benefit information website https://app.strivebenefits.com/cei.