Tax Advantage Accounts
Life Events FAQs
Defined Benefit Plans
The Farm Credit Foundation Medical Plan is Self-Insured. This means that your employer pays the majority of the cost of health care for employees enrolled in the Medical Plan. You share in that cost by what is taken out of each paycheck (called premiums or deductions) as well as what you pay when you go to the doctor, hospital, pharmacy, etc. (deductible or coinsurance).To help control the rising cost of health care, it’s important for your to make informed, healthy decisions and use the plans effectively. As in prior years the change in cost depends on your plan and coverage tier (Employee, Employee + Spouse or family coverage).
For Domestic Partner coverage additional deduction codes will show in your earnings statement. The reason for this is you will be taxed on the imputed income and pay a portion of the coverage on an after‐tax basis.
Learn more ...