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Retirement Readiness: Social Security 101

Posted on Wednesday, November 24th, 2021

Human Resource Services will host an informational session on Social Security benefits and preparing for retirement. Learn how Social Security benefits impact your retirement income, and strategies to maximize your benefits. The hour long session will be presented by John Morgan, with AIG, via Zoom on December 8 at 11 a.m. Please register in advance.

Financial Wellness: Well-Rounded Retirement Session

Posted on Tuesday, November 16th, 2021

Human Resource Services will host an informational session on achieving a well-rounded retirement. This session provides a high-level view of the well-rounded retirement model and each of the pieces of the model. Several “big ideas” about retirement are explored and participants in the live session complete a self-inventory related to the model. This TIAA led session will be offered on December 15 at 11 a.m. via webcast. Please register in advance.

Own Your Benefits: Urgent Care and Express Care Centers

Posted on Monday, November 15th, 2021

Urgent Care or Express Care Centers provide easy access to quality care. Often times you do not have to have an appointment and you can be seen nights, weekends and some holidays. Utilizing Urgent Care and Express Care Centers also provide a savings in terms of rising premium costs as it is more cost efficient than going to the ER. Common illnesses and injuries that can be treated at Urgent Care include burns, fractured bones, nausea, and cold and flu. For more information on Urgent Care and Express Care Centers in the Cedar Valley, visit our webpage.

Own Your Benefits: 2022 Annual Open Enrollment: Going on Now!

Posted on Thursday, November 4th, 2021

The 2022 Annual Benefits Open Enrollment period is going on now and will run through November 30, 2021. During this time you may learn what is new for 2022, as well as review and change your benefit elections. Any changes made to your benefit elections will be effective January 1, 2022. No action is needed if you do not wish to make changes to health, dental, vision, or VTL. However, employees wishing to contribute to a Flex Spending Spending Account (FSA) must enroll or re-enroll each year. For information about Open Enrollment, as well as a complete list of steps to take for a positive and successful Open Enrollment period, see the Open Enrollment webpage.

Own Your Benefits: Flexible Spending Account (FSA) Mobile App

Posted on Thursday, October 14th, 2021

ASIFlex, UNI's flexible spending account (FSA) vendor, has enhanced their mobile app so that users can more easily:

  • Check account balances and contributions.
  • Submit and track claims from anywhere, anytime.
  • Track and submit for mileage for medical appointments.
  • View previously submitted claims.

The free app is available on the App Store for Apple devices and the Google Play for Android devices. Visit our webpage to learn more about eligible expenses, the ASIFlex debit card, and how much you can save using the tax savings calculator.

Own Your Benefits: Savings Through the FSA Store

Posted on Tuesday, August 31st, 2021

ASIFlex, our Flexible Spending Account (FSA) vendor, allows purchases through the FSA Store® using your flex spending dollars. This website is a great resource to see what items are eligible for purchase and to use your flex spending money. The FSA Store® website also has a Savings Center where available coupons are listed for purchases at the FSA Store®. A code of ASIF52021 will get you $5 off a purchase now through December 31, 2021.

Own Your Benefits: Important Information About Your Flexible Spending Accounts (FSA)

Posted on Tuesday, July 13th, 2021

On December 27, 2020 the President signed the COVID-19 Relief Bill passed by Congress, allowing UNI the opportunity to temporarily amend our flexible spending plans for the 2021 calendar year. The following two provisions impact Health Care FSA and Dependent Care FSA and will expire December 31, 2021.

The deadline for individuals with remaining 2020 unused FSA funds has been extended to December 31, 2021, rather than March 15, 2021. This extension also allows 2020 participants to use their 2020 unused funds for 2021 claims. This provision expires December 31, 2021.

Between January 1 - December 31, 2021 you may elect, increase, decrease, or waive 2021 FSA contributions without a qualifying life event. No retroactive changes are allowed. This provision expires December 31, 2021.

Those who participate in the Dependent Care Flexible Spending Account can elect a maximum of $10,500 to claim for the 2021 calendar year.

Limitations do exist, for more information and examples visit our 2021 FSA Plan Updates webpage.

Own Your Benefits: IRS Increases Annual Maximum for 2021 Dependent Care FSA

Posted on Monday, April 12th, 2021

Due to the American Rescue Plan Act (ARPA) of 2021 the IRS increased the Dependent Care FSA maximum from $5,000 to $10,500 for calendar year 2021. UNI has decided to adopt this provision for the 2021 plan year effective immediately.

You can still make changes to your election amount at any time in 2021. You can claim for expenses back to your coverage start date, as far back as January 1, 2021.

Example 1: If you enrolled with Open Enrollment then you can submit for expenses that occurred on or after January 1, 2021.

Example 2: If you newly enrolled March 1, 2021, you can submit for expenses that occurred on or after March 1.

You will still only be able to submit for claims up to the amount that you have accrued for your dependent care FSA.

For more information on the changes allowed for the flexible spending plans for calendar year 2021, please visit our webpage.

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