Did You Know - What is an IRS Section 125 Qualifying Event?

OSU’s health, dental, vision, flexible spending account and dependent care account are all pre-tax benefits that fall under the IRS Section 125 rules.  The regulations state pre-tax benefits cannot be changed during the year unless there is a qualifying event and the request to change your benefit(s) must be submitted within 30 days of the event.  Qualifying events include, but are not limited to:

  • Change in marital status – marriage, divorce, legal separation
  • Change in number of dependents – birth, adoption
  • Change in employment status – leave of absence, separation
  • Gaining other insurance coverage
  • Losing other insurance coverage

If you experience a qualifying event, forms and supporting documentation must be submitted to OSU Benefits within 30 days of the event.  If you need further assistance with a QL you may contact us at OSU Benefits 405-744-5449, osu-benefits@okstate.edu or 106J Whitehurst.