Page 34 - Q4_2017_REI_Corp_Nwsltr
P. 34
employee
flexible spending accounts discount program
Rosendin’s benefits package includes Flexible Spending Rosendin Electric offers multiple
Accounts (FSAs). FSAs allow you to increase your take-home discount programs for our employees.
pay by using pre-tax dollars to pay for eligible FSA expenses These include the following:
for you, your spouse, and qualifying children/dependents.
Simply set aside money for your FSA through automatic bi-
weekly payroll deductions before taxes are taken out. Then,
use your pre-tax FSA funds throughout the plan year to pay
for eligible health care, dependent care, and/or commuter Access to exclusive purchase and
expenses. Participants are issued an FSA card to use similar lease deals on new Ford Motor
to a debit card for qualified expenses. You save money on Company vehicles. Prices are
expenses you’re already paying for. established before you visit the
dealership, so no haggling is needed.
Medical
Featured • Use for medical, dental, vision, and professional services, Special discounts on new GM
• Annual maximum contribution is $2,650.
as well as, prescription medications and over-the-counter
benefits • Changes to an FSA within the plan year can only be made Vehicles.
health items.
with a qualifying life event.
• “Use it or Lose it” plan
Dependent Care
• Annual maximum contribution is $5,000. Through Rosendin’s partnership,
• Care for your child under the age of 13 (before/after-school; our employees receive exclusive
tuition reimbursement babysitting; day care, nursery and preschool; summer day discounts, special offers, and access
camp) to preferred seating and tickets to
• Care of a dependent who is physically/mentally incapable of top attractions, theme parks, shows,
Looking to further your education? Are for expenses incurred through approved self-care and lives in your home.
there classes you want to enroll in this institutions of learning. The Tuition • You can make changes throughout the year anytime sporting events, movie tickets, and
Spring? If you answered YES to either of Reimbursement Program promotes a according to payroll schedule more.
these questions, Rosendin has a benefit shared responsibility for individual and
just for you! company success as employees advance
through their professional careers. Commuter Benefits
At Rosendin, the growth of our employees Parking
within their professional careers is of Eligible employees can receive a non- • Elect up to $260/month pre-tax
utmost importance. We are committed taxable reimbursement of up to $3,000 per • Purchase parking passes with FSA card
to providing each employee with the year! To be eligible for reimbursement, the • Must be used at or near regular place of employment. Save money on your phone bill
support needed to remain engaged, course and/or degree must be provided Transit through our employee discounts with
knowledgeable, and confident in their roles. through an accredited vocational school, • Elect up to $260/month pre-tax. some of the largest carriers in the
To do this, Rosendin created a Tuition college, or university, including accelerated • Use for train, bus, subway, and/or vehicle that seats six or country.
Reimbursement Program that allows degree programs, and must be directly job more adults excluding driver, ferry, etc.
employees to obtain a reimbursement or career related.
34 The Feeder | Q4 2017 Q4 2017 | The Feeder 35