What benefits are typically not eligible for an evergreen election?

When considering evergreen elections, it’s important to understand what eligibility for these elections entails in relation to benefit types. Evergreen elections allow employees to continuously make elections or changes to their benefits typically during an open enrollment period. However, some benefits are more restrictive concerning these elections.

Expense reimbursement accounts, such as Flexible Spending Accounts (FSAs), are generally not eligible for evergreen elections because they operate on a “use-it-or-lose-it” basis. Employees must decide how much to contribute to these accounts during the open enrollment period, and they usually have limited opportunities to alter those contributions outside of enrollment periods or qualifying life events. This requirement means that once elections are made, they typically cannot be adjusted easily year-round.

On the other hand, options related to all health benefits and family leave benefits often have more flexible eligibility for changes throughout the year. Likewise, retirement benefits involvement may vary but usually aligns with annual enrollment periods or specific triggering events, allowing changes at designated times.

Therefore, expense reimbursement accounts stand out as benefits usually not eligible for evergreen elections due to their specific regulations and structure surrounding contributions and usage.