The Section 125 program offers employees an opportunity to pay for certain employee benefits or other expenses with pre-tax instead of after-tax dollars. This allows the school district and employee to lower their taxation significantly. The following expenses are eligible under the flex-benefit plan:
- Group Insurance Premiums - the employee's share of payroll deducted premiums for health insurance, dental insurance, vision insurance, group term life insurance and disability income insurance
- Medical Care Reimbursement Account - includes insurance deductibles and co-payments, eye, dental, hearing care and several other non-covered health related items.
- Dependent Care Reimbursement Account - child or other dependent care, including nursery and child care center charges through a certified provider.
Section 125 Flexible Spending Account Reimbursement Form – Health Care Account
Section 125 Flexible Spending Account Reimbursement Form – Dependent Care Account