Make the most of your FSAs during the pandemic
The coronavirus pandemic has impacted many aspects of daily life, and may have affected the amounts you are spending on day care and health care. The following reminders can help you make the most out of your Flexible Spending Accounts (FSAs), which allow you to set aside pre-tax money for day care and medical expenses. Day Care FSAs With many schools and daycare facilities closed, many employees are struggling to find a provider who can watch their children during working hours. If your day care expenses have changed due to the COVID pandemic, you… Read More
Routine dental care again allowed
Dentists began seeing patients for routine visits again on May 19. Prior to reopening, dental offices have implemented new protocols, including additional Personal Protective Equipment (PPE), to further protect the health and safety of you and your family members. Some employees have reported that their dentists are charging them for the additional PPE needed to prevent the transmission of COVID 19. Delta Dental is now paying dentists an additional amount for each visit to cover the cost of PPE. Covered members are not required to pay any additional charges for PPE. Delta… Read More
Use new W-4 to change your tax withholding
Form W-4 is used to let your employer know how much federal income tax to withhold from your pay. The IRS recommends completing a new Form W-4 when your personal or financial situation changes. This year, the IRS redesigned Form W-4 to reduce complexity and improve accuracy. Go to the IRS website for information about Tax Withholding, FAQs on the 2020 Form W-4, and a Tax Withholding Estimator. If you would like to adjust the amount withheld from your King County paycheck for tax purposes, please use PeopleSoft to update your W-4: Sign in to PeopleSoft…. Read More
FSA rules relaxed in response to COVID-19
During Open Enrollment last year, you may have elected a Flexible Spending Account (FSA) to have money taken from your paycheck, pretax, to pay for dependent day care or certain medical expenses not covered by your health plan. Now, your expenses may have changed due to the coronavirus pandemic, so the IRS has relaxed rules pertaining to Health Care and Dependent Day Care FSAs. These changes are effective through the end of 2020. Increase or decrease your FSA contribution If you have a Health Care or Dependent Day Care FSA, you can… Read More
HRA VEBA Plan webinars, June 9 and June 11
Employees are invited to learn about their HRA VEBA Plan benefits in an online webinar. Topics will include plan features, using the plan, covering expenses, investment options, and getting help. A Health Reimbursement Arrangement (HRA) in a Voluntary Employees’ Beneficiary Association (VEBA) provides a tax-free rollover of leave cash-outs to an HRA VEBA Trust at retirement. These funds are used to pay for eligible out-of-pocket health care expenses and premiums. Employees who retire from a group that voted to participate in either or both of the HRA VEBA options, will automatically be… Read More
New FSA rules in response to COVID-19
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, contains important provisions that affect Flexible Spending Accounts (FSAs). In addition, under existing rules, certain changes in your situation—called “qualifying life events”—may allow you to increase or decrease contributions or enroll or disenroll from your FSAs. For example, if your spouse loses a job due to the COVID-19 pandemic, or any other reason, and can no longer participate in their employer’s FSA plan, you can enroll in King County’s Health Care and Day Care FSAs or increase… Read More
How to obtain extra necessary medications to have on hand
King County is committed to the welfare of our employees, and as the COVID-19 virus continues to impact our community, we want employees to know that our prescription benefit vendors have taken steps to address the outbreak and protect employee’s access to medication. The following information will help you and your covered family members obtain extra necessary medication to have on hand. If you have long-term maintenance medications, you are encouraged to refill eligible prescriptions for 90-day supplies via mail-order/home delivery or pick up. This can help reduce the number of trips… Read More
View your W-2 form online
Your 2019 W-2 form is now available in PeopleSoft to view and print. A paper copy of your W-2 form was mailed last week by ADP to the address you have listed in PeopleSoft. To view or print your W-2, log in to PeopleSoft from work, choose the Payroll tile, then go to “View W-2/W-2c Forms.” You can also access W-2 forms by registering at the ADP website. If you need help with PeopleSoft, call the KCIT Service Center at 206-263-4357. Your Form 1095-C—Employer-Provided Health Insurance Offer and Coverage—will also be sent to your home… Read More
Open Enrollment starts today, ends Nov. 15
Take a fresh look at your benefits Make the most of your robust King County employee benefits package by making informed decisions for next year during Open Enrollment, Nov. 1 – 15. Follow these steps to ensure you are selecting the right benefit options for you and your family: Review your benefit choices See what’s changing next year. Evaluate your medical plan options using the Plan Comparison Charts and other resources on the Medical plans page. Consider whether one of the lower-cost plans, Kaiser SmartCare or KingCare Select (Regular and Transit ATU employees… Read More
Open Enrollment begins Nov. 1 and ends Nov. 15
Don’t miss your opportunity to evaluate your benefit choices and make changes. If you haven’t already done so, make sure the right benefit options are in place for you and your family next year. See what’s changing next year. Review the Benefit Access Fee associated with your medical plan if you cover a spouse or domestic partner. If you qualify for an exemption, you must confirm this each year during Open Enrollment. Consider enrolling in a Flexible Spending Account—Health Care and Dependent Day Care FSAs reduce your taxable income, but you must enroll each year. In-person assistance with Open Enrollment… Read More
Employee News 