Most federal employees probably know that means it is time to check whether their Federal Employees Health Benefit (FEHB) Program health insurance plan is the best for their needs and to also check whether enrolling in a second federal benefits program, the Federal Employees Dental and Vision Insurance Program (FEDVIP), makes sense.
But there is a third benefit federal employees should be evaluating each Open Season and may not be: the Federal Flexible Spending Account Program (FSAFEDS), a federal benefits program that can reduce tax bills by using pretax dollars to pay for health and dependent care out-of-pocket expenses.
SEE MORE