Making changes to your benefits package is usually reserved for Open Enrollment, but dependent changes qualify for changes during the plan year.
You have 60 days to submit a Qualified Life Event.
Dependent changes include adding a child (or children) from birth or adoption to UVA benefit plans. If you are planning to add a new child to your UVA benefit plans, you need to do so within 60 days of the child’s date of birth or placement. This change can be in made Workday.
You may also either sign up or increase your contributions to a Flexible Spending Account (FSA), Dependent Care FSA, or Limited FSA during a qualified life event when a new child joins your family.
- The Flexible Spending Accounts and the Limited Flexible Spending Accounts set aside pre-tax income for certain medical costs.
- The Dependent Daycare Reimbursement Flexible Spending Accounts set aside pre-tax income for dependent/child daycare expenses.
- Employees on the Basic Health care plan may open or add to the Limited Flexible Spending Account or the Dependent Daycare Flexible Spending Account.
More information about the available Flexible Spending Accounts can be found under the Benefits Savings Account section of the HR website. The brochure regarding the FSA plans from Chard Snyder, UVA’s FSA vendor, also provides a useful overview of these accounts.