Discovery Benefits will continue as the College’s flexible spending administrator for 2020.
Dependent Care: You may have money deducted from your pay on a pre-tax basis to cover costs for dependent care.
The maximum limit for the 2020 calendar year is projected to remain at $5,000. You save money by paying for these expenses with pre-tax dollars.
Medical/Health Care: You may have money deducted from your pay on a pre-tax basis to cover qualified medical expenses that are not covered by your medical, dental, or vision insurance.
The annual medical flexible spending account contribution maximum for 2019 is $2,700 and will increase to $2,750 for 2020.