Archive: Flexible Spending Accounts 2024

NBS Information


  • Employees should select their benefit amount to reflect 24 pay periods.
  • The medical flexible spending limit is $3,200.
  • The dependent care flexible spending limit depends on your federal tax filing status: $5,000 if you are married and filing a joint return or if you are a single parent, or $2,500 if you are married but filing separately.
  • The commuter benefit arrangement limit for transportation is $315/month.
  • The commuter benefit arrangement limit for parking is $315/month.
  • Employees are able to roll over $640 from 2024 to 2025, which will likely increase for the 2025 to 2026 plan years.

Documents

NBS Mobile App


 


Important Information

Important Information

Employer ID – NBS468933
Employee ID – Social Security Number (without slashes or hyphens)

Be a Good Consumer

  • Submit all documentation by the end of March for the previous year.
  • Using flexible spending will save you $20–25 dollars for each $100 dollar benefit.

NBS 2025 Plan Highlights

Forms