Pre-tax Benefits
Pre-tax benefits allow you to pay for certain expenses with money taken from your pay before taxes. Because you are taxed less, your take-home pay may be more. You must re-enroll in the pre-tax benefits plan each year to continue participation in the program, even if you don't want to change your contribution amount.
All employees are automatically enrolled in the pre-tax Health and Dental Premium Account (HDPA) unless they complete a waiver stating that they do not want deductions for health and dental insurance taken on a pre-tax basis.
You may enroll in the Dependent Care Expense Account (DCEA) to pay for daycare for your child or dependent parent while you work. The maximum amount you and your spouse may deposit in this account is $5,000. You must re-enroll annually if you wish to continue to participate in this plan. You must enroll within 35 days of your hire date or within 30 days if you are a current employee moving into a benefit-eligible position.
You may deposit up to $5,000 a year in the Medical/Dental Expense Account (MDEA) to pay for certain medical and dental expenses on a pre-tax basis. You must re-enroll annually if you wish to continue to participate in this plan. You must enroll within 35 days of your hire date or within 30 days if you are a current employee moving into a benefit-eligible position.
The Transit Expense Account (TEA) defrays transit-related fees not payable through payroll deduction. The TEA has two components: TEA Parking, which has a monthly limit of $190; and the TEA-Bus Pass / Vanpool, which has a monthly limit of $100. These limits are combined maximums for both the Transit Payroll Deduction Account (TPDA) and the TEA. If you wish to participate, you can submit an enrollment form at any time.
Please see your benefits booklet or contact your Designated Department Insurance Representative (DDIR) for more details.
