Knowledgebase/FAQ: UT Flex
What is UT FLEX?
Posted by Admin MH on 08 July 2011 03:32 PM

UT FLEX is a plan authorized by the IRS that lets you set aside money from your pay before taxes are withheld to pay certain group insurance premiums and for placement in medical and/or dependent day care expense reimbursement accounts. As you incur medical and/or dependent day care expenses throughout the Plan year, you will be reimbursed with tax-free dollars from your UT FLEX accounts. This reduces the amount you pay in taxes and increases your spendable income.