Can I change my Flexible Spending Account (FSA) election mid-year?

Certain qualifying events allow an employee to either increase/decrease with election or begin/cease participation in a plan. Common qualifying events can be found on the Status Change Form and include marriage, divorce, birth, death, or a change in the cost of dependent care.

The adjustment to the election must be consistent with the event. For example, an increase in the cost of daycare would not allow you to decrease your election (though if the increase made the cost of care unaffordable, one could justify no longer participating in the plan).

Please refer to your employer's Plan Document for further guidance on qualifying status change events applicable to your plan.

To request an election change, complete and submit the Status Change Form to your employer.

If you have any questions, please contact Participant Services at 866-451-3399 or via email at customerservice@discoverybenefits.com.

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