Apprenticeship; A Doorway to Opportunity
The Oklahoma Building and Construction Trades Council offers an apprenticeship opportunity for on-the-job training and academic instruction for those entering the workforce, with a chance to get paid while you learn. This may be a great chance for those seeking alternative to formal secondary education. For more information about the apprenticeship program and contact information log onto www.OKBCTC.org
In Solidarity,
Memorial Day
Most of Tulsa will be off for Memorial Day with the exception of a few MLS and Facilities Maintenance areas. Please check with your management.
Linda Dill
Chairwomen of MLS
Veteran Military Employee Resource Group (VMERG)
VMERG (Veteran Military Employee Resource Group) will be having a ceremony and putting flags along the fence on May 28th at 9am in honor of Memorial Day. We will be taking the flags down at 3pm. Everyone is welcome to come out and show their support for our fallen military members at the 9:00AM ceremony and help put the flags up and take them down. If you leave your work area to participate, please inform your CC where you are going.
Thanks,
Scott Chisum
Executive Board
Flexible spending accounts get an extension and more flexibility in 2021
Thanks to the Consolidated Appropriations Act, 2021, signed into law at the end of 2020, team members with any kind of flexible spending account (FSA) have more options when it comes to their remaining funds from 2020 and how they manage their funds in 2021.
First, a closer look at FSAs
There are three types of FSAs available to you, all of which are subject to IRS regulations: 1. The health care FSA (HCFSA) is for eligible medical expenses, including copays, deductibles, qualified out-of-pocket expenses, prescription and some over-the-counter medications, and more.
-
- The limited purpose FSA is available to those in the Core plan and covers vision and dental expenses only.
- The dependent care FSA (DCFSA) is for expenses necessary for you and your spouse to work, look for work or attend school full time.
If you elected an FSA during Annual Enrollment, your total annual contribution is made available to you on Jan. 1 of your benefits year. Throughout the year, pretax deductions are taken from your paycheck to cover that amount.
Now here’s a look at the updates American has made available to you based on the new legislation.
You can roll over more funds
Per past IRS guidance, the amount you could roll over from your account at the end of the year was limited. However, under the new legislation, those maximum limits no longer apply. You can carry over all funds from 2020 into 2021 and from 2021 into 2022.*
If you had funds remaining in any of your 2020 FSAs, they have already been carried over to 2021 for you. Funds can still be used for eligible expenses incurred in 2020 if you have claims to submit.
Here’s a look at the rollover limit updates:
|
Type of FSA |
Past rollover limits |
New rollover limits |
|
HCFSA |
$550 |
No limit |
|
Limited purpose FSA |
$550 |
No limit |
|
DCFSA |
No rollover allowed |
Rollover allowed with no limit |
Terry Buck
Recording Secretary
918 6382652
Equal Opportunity Employer
Ed Sangricco (MD, Base Maintenance) has told me that any member of management that appears to be sleeping will be held to the same standards as our TWU members.
If you see a member of management that appears to be sleeping, take a picture of this person and send it to me.
Kendal Anderson
Vice President of TWU514
Bids and Transfers
If you have interviewed for a Tech C/C position and want to know if you received a passing score of 70%, you can email Kenna McCully (kenna.mccully@aa.com) and request your score.
Pat Kinnamon
Chairman of Maintenance