Spending Accounts


Separate Accounts	The corporation offers two kinds of spending accounts—a Healthcare FSA and a Dependent Day Care FSA. You can use the money in a Healthcare FSA to pay for eligible healthcare expenses, and the money in a Dependent Day Care FSA to pay for eligible dependent day care expenses. The accounts are not interchangeable.
Eligibility	To participate, you must be a regular, active employee who is regularly scheduled to work 20 or more hours a week.
Enrolling & Changing Participation	Participation is not automatic—you must enroll to participate. The enrollment choices you make stay in effect for the full calendar year. If you enroll within 31 days of becoming eligible, your participation is effective as of the first day you were eligible. If you do not enroll within 31 days, you will not have another opportunity to enroll until the next annual enrollment period, unless you have a qualified status change. Each year, the corporation holds an annual enrollment period, during which you can enroll in the spending accounts for the next calendar year. In most cases, the annual enrollment period is the only time when you can enroll (if you did not enroll when first eligible). If your family status changes during the year (for example, if you get married or have a baby or move), you can make changes to your participation consistent with your change in status, such as changing your contribution level or enrolling in if you are not already enrolled.