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  1. University of Arkansas for Medical Sciences
  2. Human Resources
  3. Benefits
  4. Flex Plans
  5. Pre-Tax Premium Conversion

Pre-Tax Premium Conversion

Pre-tax premium conversion is a flex plan benefit that allows exclusion of your Medical, Dental and Vision premiums from your taxable income.  By electing this, you convert your premium deductions from after-tax to pre-tax. This reduces your taxable income reported on your W-2, thereby reducing the amount withheld from your paychecks for Federal, State and FICA (Social Security/Medicare) taxes. Individual savings will vary based on your income, number of exemptions and your tax bracket.  

Default Pre-tax effective January 1, 2021.

Effective 1-1-2021, all employees enrolled in Medical, Dental and Vision will have their premiums deducted on a pre-tax basis. This is a UA System requirement, in anticipation of the conversion to the new Workday system. This will not affect the majority of employees who already pay their premiums on a pre-tax basis. Those currently paying these premiums on a post-tax basis will automatically be changed to pre-tax starting with the first paycheck of 2021.

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Mailing Address: 4301 West Markham Street, Little Rock, AR 72205
Phone: (501) 686-7000
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