Definitions
·The amount of deposit to the plan account
What is a Contribution?
This is the federal body that creates and enforces the tax law in the US.
What is the Internal Revenue Service (IRS)?
This is the system used as BRI's intranet.
What is Sharepoint?
Fill in the blank: A Dependent Care FSA is a reimbursement account meant to reimburse expenses incurred while eligible/enrolled to provide care for eligible dependents necessary to allow parents to _______.
What is Work?
The loss of unused account funds
What is Forfeiture?
This is the submenu on the BRI website that provides info and resources to participants.
What is Employees?
This is the specific tax code that outlines/defines pre-tax reimbursement accounts.
What is Section 125?
This is the system used to create cases to document calls and route issues.
What is Salesforce or Cumulus?
This is the max child age for an eligible daycare expense?
What is 12?
Opting to participate in a benefit. It can also mean the amount of contribution elected by the Employee
What is an Election?
This is the online(web based) tool that participants can use to self manage their account.
What is the Participant Web? or What is BRIWEB? or What is the Participant portal?
This is where Employers document the design of the pre-tax plan.
What is a Plan Document?
This is the internal page that consolidates info from multiple systems into a single main resource?
What is Member Details?
This is the only type of school tuition that is eligible under a dependent Daycare FSA.
What is pre-school?
The period after the end of the plan year in which claims can be submitted for reimbursement from the previous plan year
What is Run out?
This is the device (phone) based toll that participant can use to self manage their account.
What is the Mobile App?
This is the name of the internal plan document BRi creates to outline the main administrative information into a reference guide.
What are Plan Highlights?
This is the system which holds claim records?
What is Docuphase/Treeno?
This is the balance that will show what amount can be reimbursed from an account.
What is Cash Balance?
·A plan option to add a period of no more than 2 ½ months after the plan year that allow further expenses to be incurred and reimbursed from the prior plan year
What is Grace Period?
This is the subject under the employees submenu that includes resource for a Dependent Care FSA.
What is Flexible Spending Accounts?
This is an event that allows a new enrollment or a change in pre-tax election.
What is a Qualified Life Event or QLE?
This is the real time administrative system.
What is Panda?
These are the types of Qualifying events that allow a election change only for a Dependent Care FSA.
What is change in cost and change in provider?