Tue. Dec 3rd, 2024

Here are some important things to know this open season

November 13, 2024 ,

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The Postal Service wants employees to know about some important changes concerning the open season benefits enrollment period that began this week.

Here’s a rundown:

• The new flexible spending account (FSA) program will be administered by Inspira Financial and will include health care, dependent care and limited-purpose flexible spending accounts. There will also be a debit card option to pay for eligible expenses.

• The new Postal Service Health Benefits Program does not affect the Federal Employees Dental and Vision Insurance Program. Employees can enroll in or change their dental and vision coverage during open season through the BENEFEDS website.

• USPS is encouraging employees to use Checkbook’s Guide to Health Plans for Federal Employees, an online tool available on the MyHR website’s open season page, to review health plans and premiums for 2025.

• There are new pretax limits for FSAs and the Thrift Savings Plan (TSP). To learn more about the FSA expense caps and TSP contribution limits, go to IRS.gov.

Employees can use MyHR to make changes to their TSP contributions at any time during the year.

The MyHR open season page has more information on plans, premiums and this year’s virtual benefits fair.

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