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To help you reduce your taxes and increase your spendable income, The Commonwealth of Virginia brings you the Flexible Benefits Program with Premium Conversion and Flexible Reimbursement Accounts (FRAs). Enrolling in one or more of the program's components is an easy way to save on taxes.

Premium Conversion allows your portion of the health insurance premium to be deducted from your paycheck before taxes are calculated. NOTE: Premium Conversion Open Enrollment corresponds with the Health Insurance Open Enrollment during the spring.

Reimbursement Accounts allow you to set aside part of your salary each pay period on a pre-tax basis for Medical, Dental, Vision Expenses not covered by your health insurance and/or Dependent Care expenses for your child, elderly parent, or other dependent incapable of self-care.

Two ways to enroll:
Links to forms and Web Sites:

Flexible Reimbursement Worksheet
Enrollment Form
Go to Fringe Benefits Management Company (FBMC) web site to view your account information.
Reimbursement Form
Link to "EmployeeDirect"
Link to Commonwealth of Virginia Department of Human Resources (DHRM)

Quick Facts about Medical Flexible Reimbursement Accounts:
Quick Facts about Dependent Care Flexible Reimbursement Accounts

Accounts Administered by: Fringe Benefits Management Company (FBMC)

Fringe Benefits Management Company
Contract Administrator
PO Box 1800
Tallahassee, FL 32302-1800
Fax: 850.425.4608
Customer Service 800.342.8017
Email FBMC: webcustomerservice@fbmc-benefits.com