Tax$ave is a benefit program that allows eligible employees to set aside before-tax dollars to pay for certain medical, dental, and dependent care expenses.
Tax$ave Plans Overview
The State Employees Tax Savings Program – Tax$ave, is a benefit program available under Section 125 of the Federal Internal Revenue Code that allows eligible employees to set aside before-tax dollars to pay for certain medical, dental, and dependent care expenses.
You must re-enroll in a Flexible Spending Account (FSA) each plan year to participate, plans do not renew automatically.
Tax$ave Plans Eligibility
Tax$ave is only available to eligible State Employees. An eligible employee is any full-time employee of the State or a State college or university who is eligible to participate in the State Health Benefits Program.
How to Enroll in Tax$ave Plans
New employees may enroll during their initial enrollment period when hired. All other eligible employees must enroll during Open Enrollment.
Employees may enroll directly with WageWorks in one of these ways:
- Online at www.wageworks.com
- Postal Mail when you send a WageWorks Enrollment/Change in Status Form
- Fax: 1-866-672-4780
For more details and information on how to enroll, visit the State of New Jersey Tax$ave page.