COVID-19 Mid-Year Benefit Changes for Benefits Eligible Employees

Published by on June 1, 2020 12:00 am Comments Off on COVID-19 Mid-Year Benefit Changes for Benefits Eligible Employees in General

Benefits eligible faculty and staff should have received a communication sent by the Department of Budget and Management (DBM) on Thursday, May 28th regarding changes to IRS rules that affect benefit elections and Flexible Spending Accounts.

Please take some time to review the changes allowed under these new rules.

Please note: Changes may be processed between today and July 31, 2020 and remain in effect through December 31, 2020.

Please see the Quick Reference Guide on how to initiate a mid-year election event: Initiate Life Event- Mid Year Election Change (COVID) QRG

You can access your Workday account at towson.edu/workday . For first time log in, please view the Workday Quick Reference Guide

For any questions, please contact a member of the Total Rewards team. The team is working remotely and responding to emails.

Yore Awodipe, Sr. Benefits Specialist

Jen Morrow, Total Rewards Specialist

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This post was written by Morrow, Jennifer G.