The IRS recently announced that the Health Care Spending Account annual maximum plan contribution limit will increase from $3,050 to $3,200 for 2024.

Verizon is offering a special enrollment period from December 26 through December 31, 2023 to allow you to make changes to your 2024 Health Care Spending Account (HCSA).

If you want to change your HCSA contribution, go to BenefitsConnection through Inside Verizon. From
the home page, go to Life Events > Change 2024 Spending Account Election. Enter the current date (i.e.,
the day you access BenefitsConnection to make the change) to begin the enrollment process.

Any changes made to your HCSA election will be effective January 1, 2024, and will be reflected on the
Spending Account home page as soon as administratively possible.