News Briefs: Nov. 21, 2014

| November 21, 2014 | 0 Comments
News Briefs

News Briefs

21 / Friday
Adopt a Soldier — Invite a warrior to share your Thanksgiving meal. Call (8080 655-9105.

Roth TSP — If you’re an active duty member of the Army, Air Force, or Navy making dollar-amount Roth contributions to your TSP account, these deductions will stop on Jan. 31, 2015, unless you act.

An upcoming change in myPay will require you to designate your Roth contributions as a percentage of your pay, not a dollar amount. If you don’t comply with this change, then the Defense Finance and Accounting Service (DFAS) will not be able to process your Roth contributions.

This change affects your Roth contributions only; your traditional contributions are already designated as a percentage of pay.

The new requirement will take effect Jan. 1, 2015. You will have 30 days to change your Roth election from a dollar amount to a percentage of your pay. If your new Roth election is not received by Jan. 31, 2015, then DFAS will not be able to process your Roth contributions until you update them.

TSP & Taxes — The Thrift Savings Plan has announced that the IRS annual contribution limit has been increased for 2015. The Army Benefits Center-Civilian (ABC-C) posts annual TSP charts to assist you in electing the correct dollar amount to reach the IRS maximum based on the date you make your election.

Alternately, contact an ABC-C counselor who can assist you in calculating the correct amount of TSP deductions. Visit www.abc.army.mil/ or call (877) 276-9287.

Flexible — The Federal Flexible Spending Account Program will implement three significant changes for the 2015 plan year:

1- Health care and limited expense FSAs will no longer have a grace period; instead, qualifying participants will be able to carry over up to $500 of unused funds to the next plan year. Dependent care FSAs will still have a grace period and will not have carryover to the next plan year.

2- The minimum annual election for all three types of FSAs will be reduced from $250 to $100.

3- The new maximum contribution to health care and limited expense health care FSAs will increase by $50 to $2,550  due to inflation, as authorized by the IRS.
Visit www.opm.gov/fsa.

VA Choice Card — Monday, Veterans Affairs began mailing Veterans Choice Cards to veterans currently waiting more than 30 days from their preferred date or the date that is medically determined by their physician for an appointment at a VA facility. Visit www.va.gov/opa/pressrel/pressrelease.cfm?id=2660.

It’s a Gas — Yesterday was the Great American Smokeout. Celebrate more birthdays by quitting smoking. According to American Cancer Society statistics, 890 new cases of lung cancer are predicted to be diagnosed in 2014 in Hawaii. Additionally, lung cancer, the leading cause of cancer deaths in both men and women, will result in 580 deaths this year in the state.

For anyone who wants to “kick the habit” this year, call (800) 227-2345, 24 hours a day, seven days a week, or visit www.cancer.org.

28 / Friday
Holiday Schedule — The following will be closed the day after Thanksgiving:
•Records Holding Area/Forms Facility, East Range, Bldg. 6042.
•Postal Section (Soldier’s Personal Mail).
•Official Mail and Distribution Centers.
Closure signs were posted at each location.

December

3 / Wednesday
Town Hall — Installation Management Command-Pacific region director Debra Zedalis will meet with employees, 3-4 p.m., at Schofield’s Nehelani. This town hall is limited to  IMCOM employees to get direct answers.

8 / Monday
Benefits Season — The federal medical benefits open season closes today. What are you waiting for?

Information related to benefits options, such as health, dental or vision insurance coverage for employees and family members, may be found at www.opm.gov/healthcare-insurance/open-season.

15 / Monday
Change of Responsibility — 18th Medical Command (Deployment Support) will hold a change of responsibility ceremony at 10 a.m. Command Sgt. Maj. Alexis A. King will relinquish responsibility to Command Sgt. Maj. Thomas Wrighton Jr. Call (808) 438-5938.

Ongoing

Volunteers Wanted — The Tropic Lightning Museum, Schofield Barracks, is looking for volunteers who are available one or two days, Tuesday-Friday, and able to commit three to six hours a week on a reoccurring basis.

Volunteer projects vary and may include researching, scanning, data input and visitor services. Space is limited.

Call the museum curator at (808) 655-0438 for more information about volunteering at the museum.

Mammograms — The U.S. Army Health Clinic-Schofield Barracks is now offering walk-in mammograms at its Radiology Clinic, Bldg. 685, first floor, 1-3 p.m., weekdays. Call (808) 433-8355.

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