Federal Flexible Spending Account Program Services

The FSAFEDS Program provides health care and dependent care flexible spending accounts on a self-supporting basis for active Federal civilian employees and dependent care flexible spending accounts for eligible uniformed service members (Federal employees). In support of its mission, FSAFEDS requires adding an option period for the 2025 plan year to the current contract.

The U.S. Office of Personnel Management (OPM) requires the services of a qualified third-party administrator to administer health and dependent care flexible spending accounts on a self-supporting basis for active Federal civilian employees and eligible uniformed service members (Federal employees). Federal employee enrollment in Flexible Spending Accounts (FSAs) will be voluntary.

The Contractor provides an IRS compliant, healthcare flexible spending account and/or dependent care flexible spending account for all eligible government employees choosing to enroll. The contractor will operate an Open Season Enrollment Period from Monday of the second full workweek in November through the Monday of the second full workweek in December.