Author: deeringk

Electronic copies of the 2022 Form 1095-C are now available for all active employees in the My UW portal for UW System institutions or for UW-Madison. Paper copies will also be sent via U.S. mail, postmarked by March 1, 2023, to all employees who did not consent to electronic only distribution. Access to electronic documents on the…

The IRS recently announced an increase in the 2023 retirement plan contribution limits. The limits apply to the UW 403(b) Supplemental Retirement Program (SRP) and the Wisconsin Deferred Compensation (WDC) 457 Program. Contributions In 2023, employees may contribute a basic maximum of $22,500 to the UW 403(b) SRP (an increase from $20,500 in 2022). Employees age fifty and over can…

The annual premium for the University Insurance Association (UIA) Life Insurance plan will increase from $24.00 to $38.40 effective January 1, 2023. The increase, approved by the UIA Board, will maintain the financial integrity and benefit coverage levels of the plan. This is the first premium increase to the UIA plan since 1967. The UIA…

An Explanation of Benefits (EOB) is a statement that shows claims information about the services provided during your health or dental visits. An EOB is created by your insurance carrier to show you the total cost of your services. It also shows you the portion that was paid by insurance, the discounts for obtaining services…

The Annual Benefits Enrollment (ABE) period is your annual opportunity to review your benefits and enroll or make changes. Changes made during ABE are effective January 1, 2023. Act NOW before the ABE period ends on October 21, 2022. Prepare Review your current benefit enrollments in the MyUW portal (Benefit Information tile). Visit the ABE web…