What are flexible spending accounts and when can I enroll?
A. Flexible spending accounts (FSA’s) are a way to pay dependent day care expenses and out-of-pocket medical expenses on a before-tax basis. Enrollment is during the regular open enrollment period for health insurance, typically the month of May, with an effective date of July 1. All employees may enroll if they are eligible for the State of Idaho medical plans and have completed 10 months of continuous state service as of the plan anniversary (July 1). The plan year is from July 1 to September 15 (15 months).
