Page History
...
- Health Savings Account (HSA) — If you are enrolled or planning on selecting the HS 3000 (HSA) or the HS 1500 (HSA) and you wish to make an Employee Contribution to your HSA, you will need to also enroll in the cafeteria plan to sign up for your Employee Contributions. Please send in your Cafeteria Plan Enrollment Form by the open enrollment deadline each year, or if you are enrolling outside of Open Enrollment due to a Qualifying Event, send in the cafeteria form when you complete your medical insurance enrollment form. See also Health Saver (HS) Plans.
- Vision Plan Benefit — (Vision premiums are paid for by you, the employee, out of your paycheck). If you select the Vision Plan, you will need to also enroll in the cafeteria Plan to sign up for your Vision Plan payment. See See also Vision Insurance.
- Child-care Benefit — For a description of the Child-Care Benefit, please read the cafeteria form. If you desire to elect the Child-Care Benefit, you will need to also enroll in the cafeteria plan to sign up for your Child-Care Benefit Employee Contribution.
...
| Note |
|---|
| All employees currently enrolled in the cafeteria plan need to submit a new Cafeteria Plan Enrollment Form EVERY year. Please Please send your form in to hr@reliant.org by the open enrollment deadline each year. |
...
Reliant does this primarily for the tax benefits it offers our employees. The contributions/payments for any of these three benefits are processed on a pre-tax basis. So So they will be taken from your monthly paycheck before taxes. ThusThus, your tax savings could really add up!
...
- HSA employee monthly contributions (through Reliant payroll) are treated as pre-tax deductions
- Vision Plan Benefits monthly premiums are deducted from your paycheck pre-tax.
- Child-Care Benefit employee monthly contributions are deducted from your paycheck before tax as well.
- Employee's pre-tax contributions/payments are not subject to federal income or social security tax. (It also means NO employer FICA matching portion comes out of the MTD account you're responsible for.)
...
- Employees need to stay enrolled in the Vision Plan for the entire year if the Vision Benefit is elected.
- Employees need to stay enrolled at the same HSA employee monthly contribution level for the entire year if this is elected.
- Employees will need to stay enrolled in the Child-Care Benefit for the entire year, if this is elected. Child-care funds must be used during the calendar year in which they are elected. Child-care funds do not carry over to the next year.
- To take advantage of Reliant's cafeteria plan, you only need to either select the Vision Plan Benefit, Health Saver 1500, Health Saver 3000 or the Child-Care Benefit. You You do not need to be enrolled in all three.
- The yearly maximum contribution amount for the Child-Care Benefit is $5,000.
- For the Child-Care Benefit Plan, employees submit their child-care expenses directly to Reliant for reimbursements in a manner very similar to how they currently submit reimbursements for their Reliant ministry expenses.
...
