The State Employees' Tax Savings Program, Tax$ave, lets you set aside before-tax dollars to pay for certain medical, dental, and dependent care costs, which helps you avoid federal taxes and save money.
Tax$ave is made up of three separate plans:
See our fact sheet Tax$ave, for details about eligibility and the benefits under its component plans.
You must enroll in a Flexible Spending Account (FSA) each plan year in order to participate. WageWorks, Inc. handles the FSA plans for the NJDPB. You can enroll during open enrollment in one of these ways:
New employees must enroll within 30 days of hire date. Contact WageWorks customer service toll-free at 1-855-428-0446 or visit WageWorks online at: www.wageworks.com
Open enrollment for Tax$ave happens every October.
Declination of POP
Enrollment in the Premium Option Plan (POP) is automatic unless you submit a Declination of Premium Option Plan form.
Section 125 Plans for Local Employers
The Tax$ave Program is only available to eligible State employees.
Local government and local education employers are required to offer Section 125 plans to their employees; however, local employers must have their own Section 125 programs. Local employees should contact their benefits administrator to learn about the specific plans and benefits that are available.