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Reliant offers a Cafeteria Plan Benefit for our missionaries. What is a Cafeteria Plan? These are benefits that are paid from your paycheck but are not taxed. It is similar to how you select the food items you want to eat when you go to a cafeteria. Reliant’s Cafeteria Plan allows employees to “select” certain benefits they would like to utilize. When you submit your annual Cafeteria Enrollment Form each year, you are authorizing Reliant to make the deduction(s) from their your monthly paycheck. Each authorization for Cafeteria benefits is designed to last for the rest of the calendar year in which the Cafeteria Enrollment Form is submitted. Therefore these benefits must be renewed each year during Open Enrollment. In some cases, (for Vision and Child Care elections) failure to re-enroll during Open Enrollment means you will lose the opportunity to utilize the benefit for that the following year. Again, these benefits are tax free (meaning that neither FICA Federal taxes, nor FICA taxes are withheld)! Cafeteria Plan offering will contain the following three benefits: Health Savings Account (HSA) - Employee ContributionAlong with your enrollment in either the HS 1500, 3000 or 5000 (HSA), you wish to make a monthly Employee Contribution to your personal HSA bank account, (In addition to the Reliant Employer Contribution). If so, then you will need to also enroll in the Cafeteria Plan to sign up for your Employee Contributions. Reliant strongly urges you to consider making monthly tax-free Employee Contributions to fund your HSA bank account. See also Health Saver (HS) Plans. Remember that Employer Contributions are made to the Health Savings Account by Reliant in addition to contributions you can make from your paycheck. Vision Plan BenefitVision premiums are paid for by you, the employee, out of your monthly paycheck. See also Vision Insurance. Child-Care BenefitFor a description of the Child-Care Benefit, see Child-Care Benefit. 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.
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A "Cafeteria Plan" is a concept that is made possible by IRS regulations. They allow certain deductions to be made in pre-tax manner. Please be aware that the IRS also sets maximums for the allowed benefits. Also, these benefits may need to be documented or reported with your annual tax return.
Elections Cafeteria Plan elections are submitted as part of the hire or annual Open Enrollment processes. Annual elections made outside of Reliant's Open Enrollment period are subject for review and may be deemed ineligible if they are submitted past the payroll changes deadline (usually by December 20th, to be effective starting January 1st).
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All missionaries enrolling in the HS 5000 (HSA), HS 3000 (HSA), HS 1500 (HSA) or EyeMed Vision Insurance plan need to review the section below regarding the cafeteria plan. You . A special option will be available during Open Enrollment for employees to select their desired Cafeteria Plan elections for the following year. If you have need to enroll in or change your HSA contribution mid-year, etc. - You can submit your cafeteria plan options at using the Cafeteria Plan Enrollment Form - 2018 throughout the year. A special Open Enrollment Form will be available during Open Enrollment. New Hires are also eligible to submit a Cafeteria Plan form that will be effective from their date of hire, beginning with their first paycheck.
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| All employees currently enrolled in the Cafeteria Plan need to submit a new Cafeteria Plan Enrollment Form EVERY YEAR. These selections are included in Reliant's Open Enrollment Form. Please submit your form by the Open Enrollment deadline each year. |
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