HR Update

Open Enrollment: Do You Need to Take Action?

Does your current medical or dental plan still meet your needs? Have you had a change in your life, and a different plan would be a better fit? Are the dependents (such as a spouse or children) on your medical and dental plan up-to-date? Medical and dental plan options are remaining the same, but rates and the deductible for the HSA plan are increasing. Learn more about the rate changes and plan options on the Open Enrollment web page.

Do you want a Flexible Spending Account (FSA) in 2025? Even if you had an FSA in 2024, you still need to enroll during Open Enrollment to have a 2025 FSA due to IRS rules. The maximum contribution for a Health Care FSA in 2025 is $3,200, and the maximum contribution for a Dependent Care FSA is $5,000 per family. Learn more about FSAs.

If you want to participate in an FSA or make a change in your benefits, you will need to make your selection in MyU by December 2. If you don’t submit your FSA enrollment by December 2, you will not be able to enroll late and will not have an FSA in 2025.

If you are satisfied with your current benefits selections, and do not want to add or change benefits or have an FSA, you do not need to take any action. Your benefits will stay the same for next year.

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