Cafeteria/Flexible Spending Account (FSA)
Participation in the Diocesan Cafeteria/Flex Plan (FSA) is available to ALL eligible clergy and lay employees in the Diocese of Iowa enrolled in a PPO plan. Employees enrolled in a High Deductible/Consumer Directed Health Plan (CDHP) with a Health Savings Account (HSA) may only have a limited FSA.
An FSA is voluntary and allows an employee to set aside a portion of his or her earnings pre-tax to pay for qualified medical expenses. Money deducted from an employee's pay for an FSA is not subject to payroll taxes, resulting in a substantial payroll tax savings. The FSA can be used to pay for medical expenses not paid for by insurance; this usually means deductibles, co-payments. It may also be used to pay for dependent care.
This FSA is administered by Kabel Business Services of West Des Moines. Enrollment in this plan must take place prior to January 1 each year. New employees have 30-day grace period in which to enroll.
FSA Enrollment
The Diocese of Iowa is pleased to make available a Cafeteria/Flex Plan. This voluntary plan is available to ALL clergy and lay employees that work for the Episcopal Church in Iowa and receive compensation for 20 or more hours per week. There is a $9.10 per month administration fee per employee (the savings in employer payroll taxes may cover this cost for lay employees). Because the FSA is based on a calendar year, employees participating must submit a new enrollment form every year.
► 2019 Flex Plan Brochure
► Churches that have not participated before must complete a set of Employer Agreement forms
► Clergy and Lay Employees must complete an Enrollment Form.
► New Employees have a 30-day open enrollment period from their date of hire!
We hope that you will consider offering this valuable benefit to your clergy and lay employees that receive compensation for 20 or more hours per week. Kabel Business Services has additional information on their website at www.kabelbiz.com. If you have questions, you may contact Anne Wagner at the Diocesan Office at 515-277-6165 or diocese@iowaepiscopal.org, or contact Kabel Business Services at 800-300-9691.
Employees may submit claims for reimbursement online at www.myflexonline.com or print a copy of the FSA Reimbursement Claim Form to complete and submit by fax or mail to Kabel Business Services at the address on the form.