Employees enrolled in the Flex Spending Account for the 2013 plan year have until March 31, 2014 to send in reimbursement requests for eligible expenses incurred under the Health Care Spending Account and the Dependent Care Advantage Account.
2014 Changes in Status and New Employees
The 2014 open enrollment period ended on November 8, 2013. New state employees hired on or after November 1, 2013 may enroll for the 2014 plan year by submitting a Change in Status application within 60 days of their hire dates. Employees who experience a valid change in status on or after November 11, 2013 or during the 2014 plan year may be eligible to enroll by submitting a Change in Status application within 60 days of their qualifying event. Review the 2014 Change in Status information to determine if your situation qualifies you to enroll during the plan year. Change in Status requests will be accepted until November 9, 2014.
Change To Use-It-Or-Lose-It Rule To Be Determined
The State of New York is aware that the IRS just announced changes to the Use-It-Or-Lose-It Rule for health flexible spending arrangements. The State of New York is currently reviewing the IRS ruling, so it has not made a decision to change the Health Care Spending Account rules at this time. Employees should NOT assume that the changes will be adopted when calculating their 2014 annual election amounts to enroll for the 2014 plan year.
U.S. Supreme Court Rules Defense of Marriage Act Unconstitutional
On June 26, 2013, the U.S. Supreme Court ruled that section 3 of the federal Defense of Marriage Act (DOMA) is unconstitutional. This section limited the definition of spouse, for the purposes of federal law, to a marriage between only a man and a woman. While federal law no longer contains this limitation, we are currently waiting for the federal government to issue guidance concerning changes that may be made to the Internal Revenue Code that will impact the administration of the Flex Spending Account program. Please visit the website again for updated information when it becomes available.