Flexible Reimbursement Accounts

Section 125 of the Internal Revenue Services' (IRS) Code allows employees to choose certain pre-tax benefits as an alternative to taxable monetary compensation. Employees are eligible to enroll within 31 days of employment. This is a fiscal year (July - June) program.  There is a $3.67 monthly fee for participation in one or both FRAs.

Medical Reimbursement Account

This account allows an employee to set aside pre-tax dollars to pay for medical, dental, and vision care, or other eligible expenses, that are not covered by the health plan. Employees are eligible to enroll within 31 days of employment.

Maximum amount during a plan year:

$5,000 - plan year maximum.
$10.00 is the minimum contribution per pay period.

Dependent Care Reimbursement Account

This account allows you to set aside pre-tax dollars to pay for eligible dependent care expenses, such as child care. Employees are eligible to enroll within 31 days of employment

Maximum amount during a plan year:

We've Made It Easy To Find What You Need Online

Visit the Flexible Benefits Program page on the DHRM Web Site at http://www.dhrm.virginia.gov/employeebenefits.html 24 hours a day, seven days a week: