The Seminary’s flexible spending account program is managed by Employee Benefits Corporation effective September 1, 2020. The employee pays 100% of the monthly premium based on their annual election.

Medical Reimbursement: May elect up to $2,750 per year 

Dependent Care Reimbursement: May elect up to $5,000 per year 

EBC website- View account balance, submit claims

Consolidated Appropriations Act Changes to 2020 and 2021 FSAs

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This document is meant to try to explain the modifications being made to our Standard and Limited Health Care FSAs and our Dependent Care FSA as a result of the Consolidated Appropriations Act (CAA). The black text is HR's attempt to explain these changes more simply and clearly. The red italicized text is what HR must legally provide to FSA participants as a Summary of Material Modifications.

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Resources

These resources are for both the medical flexible spending account (FSA) and the dependent care FSA.

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This is a detailed overview of the Garrett-Evangelical Theological Seminary plans for standard and limited health care flexible spending accounts (FSA), dependent care FSA, and health savings account (HSA).

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