New Employee Benefits Enrollment - Dow Corning

FLEXIBLE SPENDING ACCOUNTS (FSA)
Dow Corning offers Flexible Spending Accounts (FSAs) that allow you to pay for IRS-allowable
expenses with pre-tax earnings. Expenses must be incurred during the 2008 calendar year. Dow
Corning offers Dependent Care, Health Care, and Limited Health Care FSAs.
The following guidelines apply for expenses that are reimbursable through your FSA. For more
information about reimbursable expenses, visit the IRS website at
http://www.irs.gov/publications/p502/index.html
Plan Highlights
� Dependent Care FSA: This account may be used only for expenses incurred as a result of your
(and your spouse’s or domestic partner’s) employment. It may be used to pay for childcare
providers, day care facilities and certain education expenses related to the care of your dependent
children under age 13 while you are at work. It may also be used to pay for care provided to an
individual with a physical or mental handicapping condition who is your dependent, regardless of
age.
� Health Care FSA: This account may be used to pay for medical, prescription drug, dental or
vision expenses that are not reimbursable by a health insurance plan. You simply use your debit
card at the time the expenses are incurred or submit your FSA claims for reimbursement to Wells
Fargo before the May 31, 2009 deadline. This plan is not available if you are enrolled in the
CDHP option.
� Limited Health Care FSA (dental and vision only): This plan is available only if you are
enrolled in the CDHP option and HSA account. This FSA is limited to dental and vision expenses
only. You simply use your debit card at the time expenses are incurred or submit your FSA claims
for reimbursement to Wells Fargo before the May 31, 2009 deadline.
Contribution Guidelines:
� If both you and your spouse have access to a Dependent Care FSA, the total amount
contributed by both of you cannot exceed $5,000 (with a $2,500 maximum for employees who
are married but filing separately for income tax purposes).
� If you and your spouse or domestic partner are both employed by Dow Corning, you may each
contribute up to $3,500 per year into your Health Care FSA or Limited Health Care FSA.
� You choose the ANNUAL amount of money that you wish to contribute to the account. The
money is deducted from your paycheck on a pre-tax basis – in equal amounts throughout the
year – saving you tax dollars.
� Consider the amount of your contribution carefully. You have until May 31, 2009 to file
claims for expenses incurred in 2008. Any money left in your account after May 31, 2009, will
be forfeited.
� Your paycheck withholding will be calculated in whole dollar amounts, based on the annual
contribution you specify. Some rounding may occur.
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