TexFlex Flexible Accounts

 

What is TexFlex?

 

TexFlex is a Flexible Spending Account that lets you pay for planned out-of-pocket health and dependent day care expenses tax-free. It’s the best way to help you budget health and day care expenses. You can choose between a health care account or day care account, or use both. You don’t have to be enrolled in GBP health coverage to use this benefit.

 

The Day Care Account is for child care or elder day care expenses, not for the medical care of your dependents.

Pay for planned out-of-pocket health expenses tax-free.

TexFlex accounts are generally for the full academic year and can not be changed; however, changes may be made if the employee has a Qualifying Life Event (QLE) such as birth, death or marriage.  Special situations also can affect your TexFlex account. 

 

For more information on TexFlex accounts, visit the ERS TexFlex web site.