If you experience a qualifying life event, you may edit your benefits within 31 days of the event date. Log in to BenefitFocus to make your changes. Be sure you have documentation available should they be necessary for your life event.
To be an eligible individual and quality for an HSA, you must meet the following requirements:
An employee cannot be covered under an HDHP and contribute to an HSA if:
An employee can be covered under an HDHP and contribute to an HSA if:
FSA stands for Flexible Spending Account. There are 3 types of FSA’s available to WKU employees:
Additional details and lists of FSA eligible expenses can be found online at www.healthequity.com
Remember, there is a risk of forfeiture as the FSA account only allows up to $500 in unspent funds to carry over to the next plan year, but you must re-enroll for the FSA to receive the carry over.