Good news for anyone enrolling in Drake’s Health Care Flexible Spending Account (FSA). The Internal Revenue Service has announced the Health Care FSA limit will increase from $2750 to $2850 for the 2022 calendar (plan) year.  If you have already made a Health Care FSA election for the 2022 plan year, you may change it in the Benefits Portal in myDrake.  Additionally, 2022 Health Care FSA participants will be able to carry over up to $570 of unreimbursed 2022 contributions into calendar year 2023. 

Remember that open enrollment ends Nov. 30, 2021, at 11:59 p.m. sharp! If you have not yet made benefit elections for 2022, please don’t wait until the last minute. If you have questions or problems navigating the Benefits Portal, you may reach out to us at drakehr@drake.edu or contact Marlene directly at marlene.heuertz@drake.edu.

— Marlene Heuertz, Human Resources