For Healthcare FSAs or Dependent Care FSAs, there are limits to how often you can make changes. You can set up each option during Open Enrollment for your company. You can also make one change a year just because--if you make a mistake or decide a benefit isn't for you, that's OK!
Otherwise you'll need to have a specific reason, or Qualifying Life Event, to make changes.
What are some examples of a Qualifying Life Event?
- Getting married or divorced
- Having a baby or adopting a child
- Death in the family
- Moving to a different ZIP code or county
- A student moving to or from the place they attend school
- A seasonal worker moving to or from the place they both live and work
- Moving to or from a shelter or other transitional housing
Health insurance changes
- Changing or losing existing health insurance coverage, including job-based, individual, and student plans
- Changing or losing eligibility for Medicare, Medicaid, or CHIP
- Turning 26 and losing coverage through a parent’s plan
Other qualifying events
- Changes in your income that affect the coverage you qualify for
- Gaining membership in a federally recognized tribe or status as an Alaska Native Claims Settlement Act (ANCSA) Corporation shareholder
- Becoming a U.S. citizen
- AmeriCorps members starting or ending their service
What if none of the above apply to me?
If you don't have a qualifying life event, reach out to us on live chat or firstname.lastname@example.org. We'll make sure you understand all your options!