What You Can Do In Open Season

John Faith
October 9, 2014

Open Season is an annual event for Federal employees. During Open Season, employees may do the following:

Enroll in a flexible spending account program (FSAFEDS) which is a health care and/or dependent care account. Participation in the program requires enrollment each year. The program does not continue like FEHB and FEGLI

Also Read: How the Wrong Federal Retirement Choices Could Shrink Your Pension More Than You Think
Also Read: 4 Reasons Why Medicare Could Be a Smarter Choice Than FEHB for Some Federal Retirees
Also Read: Leaving Your TSP Alone Can Be Risky—Especially If You’re Already Retired

without re-enrollment. The maximum annual election for the Health Care Flexible Spencing Account and the Limited Expense Health Care Flexible Spending Account is $2,500 for 2015.

The maximum annual election for 2015 is $5,000 for a Dependent Care Flexible Spending Account. Also the minimum election for the flexible spending account has changed from $250 to $100 for 2015.

Employees can also enroll, change, of cancel an existing enrollment in their dental and/or vision plans under FEDVIP. The same holds true for the health plans under FEHB. There is no Open Season for life insurance under FEGLI.

P. S. Always Remember to Share What You Know.