Reminder: Submit Tax-Advantaged Account Documents to CBA by Sept. 29
Is your calendar marked? If you plan to offer a CBA-administered 125 plan and/or a health reimbursement arrangement (HRA) plan in 2018, your cooperative’s completed documents must be returned to Cooperative Benefit Administrators (CBA) by Friday, September 29.
Your co-op will likely need to return completed documents if you are adopting a new plan and/or making changes to an existing plan. Refer to the fliers Making Changes to Your 125 Plan or Making Changes to Your HRA Plan for more details.
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. Plan dates in the payroll calendar must all be in the 2018 calendar year.
Where to find documents
Documents you’ll need for 2018 plan year adoptions and amendments, enrollments and elections, and other information for the 2018 plan year can be found on the Employee Benefits website:
HRA documents, including documents for retiree HRA plans
Plan features, including the debit card
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 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.