Benefits Handbook

You select an amount to contribute for the plan year. You can contribute between $120 and $3,050 per plan year.

Since you will forfeit amounts that exceed the $610 carryover maximum that you do not use for expenses incurred by December 31 (see the description of the carryover feature in "How the Plan Works" for more information) and you cannot change the contribution election once you make it (unless you have a qualified family status change), you should carefully estimate your expenses before deciding on an amount to contribute.

You cannot be reimbursed for services that are provided before your coverage begins or after your coverage ends.

You should estimate your contributions carefully. Generally, eligible dental, vision and preventive medical care expenses are reimbursable without regard to whether you have satisfied the deductible applicable to you (that is, the individual or family deductible, depending on your level of coverage) under the Marsh & McLennan Companies $1,600 Deductible Plan or $3,200 Deductible Plan. Other qualified medical expenses (e.g., coinsurance, copayments) are reimbursable only if they are post-deductible qualified medical expenses. See "Examples of Eligible Expenses" and "Examples of Ineligible Expenses" for more information.

Once you make your election for the year, you cannot make any changes, unless you have a qualified family status change and then any changes must be due to, and consistent with, the qualified family status change.

If your projected expenses change during the year, you will not be able to change your contribution election unless you have a qualified family status change. For example, if your health care provider tells you during the year that you are no longer a candidate for the LASIK eye surgery for which you had been contributing to the Limited Purpose Health Care Flexible Spending Account or is postponing a procedure to a subsequent year, you cannot reduce or stop your contributions.

No, the Company does not make contributions to your account.

You can contribute a minimum amount of $120 per plan year to the Plan.

You can contribute a maximum amount of $3,050 per plan year to the Plan.

You and your spouse or domestic partner are each limited to the maximum contribution allowed by your respective employer. You can submit a claim only once and only to one limited purpose health care flexible spending account. If you and your spouse each contribute to a limited purpose health care flexible spending account, you can only be reimbursed once for any eligible expense.

You and your spouse or domestic partner can each contribute up to $3,050 per plan year to this plan.

You can submit a claim only once and only to one limited purpose health care flexible spending account. If you and your spouse each contribute to a limited purpose health care flexible spending account, you can only be reimbursed once for any eligible expense.

Your contributions will be deducted on a before-tax basis each pay period and will be credited to your account. The total amount elected for the plan year is available for reimbursement at the start of the year, regardless of your contributions at the time of reimbursement.

When you first enroll as a newly eligible employee or as a result of a qualified family status change, your contributions will begin in the next available pay period after your enrollment is processed.

If you enroll during the Annual Enrollment period, your contributions will begin with the first pay period of the new plan year.

No, the IRS requires that this Plan and the Dependent Care Flexible Spending Account remain separate. You cannot transfer money between accounts or use money in one account to pay expenses related to the other account.

The Plan allows up to a maximum of $610 of your Limited Purpose Health Care Flexible Spending Account balance to be carried over into the next plan year. In accordance with IRS rules, you will forfeit any account balance over $610 that is not used to pay eligible expenses incurred between January 1 and December 31 of the plan year if they are not submitted by March 31.

Example: If you have a $650 balance in your Limited Purpose Health Care Flexible Spending Account on December 31, 2024, $610 of the $650 balance will be carried over for you to use in 2025. The remaining $40 of the $650 balance will be forfeited unless you submit by March 31, 2025 claims for eligible expenses incurred in 2024 to use the $40 balance.

If your participation ends during the plan year, you will not be reimbursed for expenses incurred after the date your participation ends (for example, after your employment ends, unless you continue participation through COBRA). You will, however, have until March 31 of the following plan year to submit for reimbursement eligible expenses you incurred during the plan year while you were participating.

If you were participating in the Health FSA solely from the prior plan year's carryover funds, you are not eligible to continue participation through COBRA. You will, however, have until March 31 of the following plan year to submit reimbursement for eligible expenses you incurred during the plan year while you were participating.