Welcome to Open Enrollment 2011. Take the President’s Challenge!. PRESIDENT’S ACTIVE LIFESTYLE AWARD (PALA). PRESIDENTIAL CHAMPIONS CHALLENGE AWARD. Be Physically Active & Earn Points: Earn 40,000 points over a period of time determined by you.
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Welcome toOpen Enrollment 2011
PRESIDENT’S ACTIVE LIFESTYLE AWARD (PALA)
PRESIDENTIAL CHAMPIONS CHALLENGE AWARD
Be Physically Active & Earn Points:
Earn 40,000 points over a period of time determined by you.
Points are based on the energy expenditure of each activity (it’s MET — metabolic equivalent value). So the more activity or the higher the intensity, the more points earned.
Choose from two fitness award plans.
Be Physically Active for:
Be part of making NNU a healthy campus.
Deductible and plan now change at the same time
August 1, 2011 through July 31, 2012
Deductible goes back to $1,000
Deductible starts over August 1, 2011
Re-enrollment in Flexible Spending is required annually
May 20, 2011
Deadline for Flexible Spending enrollment
Deadline for changes to health, dental, vision
Deadline for pre-tax of insurance premiums
Un-used Flex Spending dollars will be forfeited – please calculate carefully
Must re-enroll every year
Unreimbursed Medical Expense annual maximum election
No maximum on wellness benefits starting 8-1-11
Medical Maximum = $4,800
Child / dependent care Max = $5,000
Over-the-counter meds must be prescribed to be reimbursable
Pre-taxed Insurance Premiums
Unreimbursed Medical and Dependent Care Enrollment:
1. WEBSITE: www.fsaenroll.com
2. ENTER COMPANY ID: 3198
3. ENTER YOUR SOCIAL SECURITY NUMBER
4. ENTER LAST 4 DIGITS OF SSNAS PIN #
If you have any questions please contact the HR office or Flores & Associates at 800-532-3327
Pre-taxing of insurance premiums
Enrollment form is online at www.nnu.edu/hr under “Open Enrollment”
Enrolling will reduce your taxable income and may increase your take-home pay
Pre-taxing of disability premiums is not advised
The example below depicts typical monthly savings as represented on the paycheck of an employee earning $30,000 per year. The actual savings would depend upon your final tax rate. Please see your tax advisor if you have questions.
Enroll (There may be a qualifying process)
Pre-taxed $$ set aside for retirement
If you contribute 5% of your gross salary, NNU contributes 9%, if you contribute less than 5%, NNU matches your contribution
W-4 – Are your withholding amounts what you want them to be?
This does not affect spouses: