7061 East Pleasant Valley Road, Independence, Ohio 44131 • (216) 241-2630 / Fax: (216) 241-6516

Membership
Benefits
News and Issues
Departments
Information
Secretary-Treasurer
Merchandise
Communications
FELA
Events
Links
User Info

Health FSA Calculator Tool now available

CLEVELAND, September 18 — A health flexible spending account (Health FSA) is a benefit plan that lets you save by putting pre-tax money aside in a special account to help pay for certain medical costs and other health services. This means you can save on what you pay in your annual income taxes. Open enrollment for eligible BLET represented engineers who work at certain railroads (and all train service employees of the Texas Mexican Railway) will begin on October 1, 2013, and you can now calculate your potential savings by using the new Health FSA Calculator Tool.

The Health FSA Calculator Tool allows you to input annual estimated out-of-pocket costs for medical services (such as deductibles, co-payments, eye exams, dental exams), then shows you how much money you will save on taxes by using the Health FSA. To check out the potential savings for you and your family, visit the Health FSA Calculator Tool here.

As reported previously, this important health care benefit may be lost unless membership participation increases. At least 5% of eligible engineers must participate in the Health FSA in the 2014 Plan Year, and 7.5% in the 2015 and subsequent Plan Years, or the Carriers will have the right to terminate the plan beginning the following Plan Year. See BLET News Flash of September 11 for more details.

Wednesday, September 18, 2013
bentley@ble-t.org

Like us on Facebook at
Facebook.com/BLETNational

Sign up for BLET News Flash Alerts

© 1997-2017 Brotherhood of Locomotive Engineers and Trainmen

 


Decertification Helpline
(216) 694-0240

National Negotiations

Sign up for BLET
News Flash Alerts

DAILY HEADLINES

AAR: Weekly rail traffic up 3.1 percent over 2016 for week ending October 14
KCS reports record 3Q 2017 operating income and operating ratio
Higher freight volumes lift KCS profit in 3Q 2017
NTSB says fatigue, lack of PTC contributed to 2015 UP accident in Texas
CSX scales back operations in Columbus, Detroit
Bergen County, N.J., the worst in the Northeast for railroad crossing crashes
UP unveils commemorative locomotive honoring U.S. armed forces
Amtrak’s Hoosier State on-time performance slowly climbs after slump
Train full of Cubs fans evacuated after locomotive fire
CP ready to close out Canada 150 celebrations with 19th annual Holiday Train
Q&A: Railroad Retirement spouse and widow(er)s’ annuities and public service pensions
Get the latest labor news from the Teamsters

More Headlines