Open Season Expected Next May

OPM expects to hold an open season next May for employees to choose whether to set up one or both types of FSA accounts and how much to designate to put into them, with the benefits beginning in July. There will be a second open season running concurrent with the FEHB open season next autumn, and the two open seasons will run together from then on. The accounts will be administered by an outside provider, not by the government. OPM is preparing a bid solicitation and hopes to have a contract in place early in the new year.