November News Bites

  • The deadline to incur expenses for your FSA is Dec. 31. (March 31, 2017, is the deadline to submit your claims.) If you have a Health Care Flexible Spending Account (FSA), up to $500 can roll over to 2017. After Dec. 31, you forfeit any amount over $500 in your Health Care FSA or any money left in your Dependent Care FSA.
  • 401(k) plan limits will stay the same for 2017. The IRS recently announced that 401(k) limits will not increase for 2017. Next year, you can continue to contribute up to $18,000 in either before-tax or Roth after-tax contributions, or a combination of both. If you’ll be age 50 or older in 2017, you can still save up to an additional $6,000 in catch-up contributions. To learn more or increase your contributions, visit 401k.com.
  • Avoid holiday stress. For some people, the holidays can be stressful times. Family discord, financial pressures, hectic schedules and the pressure to have the perfect holiday can be joy stealers. Fortunately, our Employee Assistance Program (EAP) is here to help. Call 855.897.4044 anytime to speak with a counselor. Or log in to www.achievesolutionsglobal.net (company code: automation) for:
    • Tools for stress management and relaxation
    • Articles on holiday planning, healthy holiday eating and holiday safety
    • Help with finding gifts, getting party essentials and making holiday travel plans
  • The Rockwell Automation Service Center and the Rockwell Automation Service Center at Fidelity will be closed on Nov. 24 for Thanksgiving.