HRA and 125 Plan Documents for 2019 Are Now Available
If your cooperative plans to offer a CBA-administered 125 Plan and/or a health reimbursement arrangement (HRA) plan in 2019, mark your calendar—completed documents must be returned to Cooperative Benefit Administrators by Friday, September 28.
The documents your co-op will need for 2019 plan year adoptions and amendments, enrollments and elections, and other information for the 2019 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 you need to complete?
Refer to the flier 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.
Please 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. Pay dates in the payroll calendar must all be in the 2019 calendar year.
New flex plan contribution maximum
If your co-op chooses, you can adopt a new participant contribution maximum of $2,650 for health flexible spending accounts (health FSAs) and limited-use (LU) health FSAs for the 2019 plan year.
Offering the 125 plan? See this new resource
A new guide, Are You Making the Most of Your 125 Plan? contains important information about 125 plan benefits that you may not be aware of. Be sure to review it as your co-op makes its benefits decisions for the 2019 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.