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FSA enrollment extension ends Dec. 21

Someone dropping dolar bills into a waste bin.
The Postal Service reminds employees to not waste money by using FSAs wisely.

Reminder: Employees can enroll in flexible spending accounts (FSAs) until Dec. 21 at 11:59 p.m. EST.

The Postal Service extended the deadline last week.

FSAs allow users to set aside money pretax to pay for health and dependent care expenses.

For 2016, the maximum amount that employees can contribute to FSAs has increased to $2,550, as allowed under IRS regulations.

Chief Human Resources Officer Jeffrey Williamson discusses FSAs in a recent video.

More information is available on the LiteBlue open season site.

 

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