2018 Tax-Advantaged Accounts: Make Changes by September 29

If your cooperative plans to offer a CBA-administered 125 Plan and/or a health reimbursement arrangement (HRA) plan in 2018, completed documents must be returned to Cooperative Benefit Administrators (CBA) by Friday, September 29.

The documents your co-op will need for 2018 plan year adoptions and amendments, enrollments and elections, and other information for the 2018 plan year are now available online:

• 125 Plan documents
• HRA documents, including documents for retiree HRA plans
• Plan features, including the debit card

Which documents do we need to complete?
Refer to the either Making Changes to Your 125 Plan or Making Changes to Your HRA Plan for details on what’s required for plan adoptions and other plan changes.

Note: If your co-op sponsors a 125 Plan, you must submit a payroll calendar each year for each subgroup administered—whether you are making changes to your plan or not. Plan dates in the payroll calendar must all be in the 2018 calendar year.

New flex plan contribution maximum
If your co-op chooses, you can adopt a new participant contribution maximum of $2,600 for health flexible spending accounts (health FSAs) and limited-use (LU) health FSAs for the 2018 plan year.

Open enrollment: November 1–30
The period for enrolling your employees in tax-advantaged plans will run from November 1–30. Look for more information in I&FS Weekly soon on the open enrollment process.

For questions about adopting plans, plan changes, or open enrollment, contact CBA at 866.673.2299 and choose option 1, then 4, or email CBA.FSA.HRA@nreca.coop.