April 12 through April 23, 2021 at 11:59p.m. AZ time.
July 1, 2021
You can use Alex to complete an Open Enrollment assessment to identify your best options, then you will be taken to WorkforceNow in ADP to complete and submit your elections
From there, you will enroll in your benefits through ADP.
If you need assistance enrolling, please contact the Benefits Team at benefits@vertexeducation.com.
You do not have to do anything, your current elections will rollover with the exception of Flexible Spending Accounts and Critical Illness, you must re-enroll for FSA and Critical Illness. You will continue to receive enrollment reminders until an enrollment is submitted.
No, but if you would like to enroll for FSA and Hospital Indemnity you will need to re-enroll your elections.
Yes. Please keep in mind, unless a Qualifying Life Event is experienced through the plan year, you will be required to wait until the next Open Enrollment to make an election.
If you would like to change your initial election you can do that during the Open Enrollment period. Just log into WorkforceNow ADP to re-submit your elections. After Open Enrollment closes then you will not be able to make changes.
A Health Savings Account (HSA) is a personal investment account that you own. You can use it to save money, federal income-tax–free, to pay for qualified medical expenses. When you have medical expenses, including those that may apply to your deductible, you can choose to pay for them using the money in your HSA. Or, you can save the money for a future need – even into retirement.
Some additional information regarding HSAs:
- Triple Tax Advantage
- Contributions that both you and Legacy make to your HSA can be tax-free for you.
- Interest and investment earnings on your HSA balance are not taxed.
- Withdrawals used to pay for qualified medical expenses are not taxed.
- The HSA that accompanies the HDHP plan allows you to save for current and future medical expenses, meaning the funds are held in the account year over year and are available when needed for current qualified medical expenses or future expenses.
- The HDHP premiums are usually lower than other types of plans, so you might choose to use those savings to fund the HSA.
Contributions are made by a pre-tax payroll deduction. Contribution amounts may be changed at any time throughout the plan year by logging into www.workforcenow.adp.com. To change your HSA contribution, simply, select Myself>>Benefits>> Enrollment >>Year Round Enrollment
- The main difference between an FSA and an HSA is that the FSA is a spending account and the HSA is a savings account.
- The IRS makes that distinction because you are expected to spend the money you have set aside in an FSA within the plan year (plus a two and a half months grace period) or you forfeit any funds not spent.
- An HSA rules allow you to save your money until you need it, even if that isn’t until many years later.
- Unused HSA funds are not forfeited at the end of the year, but remain available to you year after year.
- Healthcare FSA – You can contribute up to $2,750, it may be used for eligible health, dental, vision or certain over-the-counter expenses not covered by insurance. These expenses can be for you or your eligible tax dependents, whether or not they are covered on the Legacy Traditional Schools Health Plan, but you must re-enroll every year.
- Dependent Care FSA – You can contribute up to $5,000 (per household), it may be used for child and adult day care expenses for eligible dependent expenses that allow you and, if you are married, your spouse to contribute, but you must re-enroll every year.
No, domestic partners are not covered under Legacy’s plans.
The first payroll deduction will be on July 16, 2021.