Savings and Financial Incentives
NC 529 College Savings Plan
Pay dependent care expenses with tax-free dollars
Special Bank Offers
NC 529 College Savings Plan
You can save for college for yourself, a child, grandchild, or someone else you care about through Mission’s Group Enrollment Plan with North Carolina’s National College Savings Program. Make contributions through payroll deduction (minimum $25 per pay period).
Learn more or enroll at cfnc.org or call 1 (800) 600-3453; use company name: Mission Health System and employer code 02608. And find the Enrollment and Participation Guide here.
Pay dependent care expenses with tax-free dollars
The Dependent Care Flexible Spending Account lets you set aside pre-tax dollars through payroll deduction to use for eligible dependent care expenses throughout the year. Each year, you can contribute up to $5,000, if married and filing a joint tax return, or up to $2,500, if single or married and filing a separate return. To be eligible, care must be provided while you (and your spouse, if you are married) work, look for work, or attend school full time.
Note: The Dependent Care FSA is only available to employees whose annual salary is less than $120,000.
Be sure to read the details before choosing to enroll, and access the following additional tools:
- Complete list of Dependent Care Eligible Expenses, IRS Publication 503
- Dependent Care FSA Expense Planner
Special Bank Offers
The Self-Help Credit Union offers Mission Health employees a range of services, including checking and savings accounts, loan services, bill pay, and debit and credit cards. Visit self-help.org to learn more.