2025
Benefits at a Glance
Your Medical Benefits
One Credit Union offers one (2) medical plans to its eligible employees. Coverage is provided through MVP Health Care. Below is information on the benefits.
Summary of Benefits and Coverages
Contributions
Eligibility
Eligibility is date of hire for employees scheduled to work 30 or more hours per week. One Credit Union will pay 83% of the premium. Employees declining coverage will need to complete a waiver of group health insurance benefits form.
Forms and Plan Information
Discount Programs for Weight Loss
Your HRA Benefits
A Health Reimbursement Arrangement (HRA) is a promise to reimburse or pay a specific amount toward insurable medical expenses incurred by a participant
One Credit Union will contribute the first $750 for singles or $1,000 for family to cover the cost of deductible expenses.
An additional $750 will be available for single coverage after $400 of employee shared responsibility is satisfied. An additional $2,000 will be available for couple or family coverage after $800 of employee shared responsibility is satisfied. Once the second portion of the Employer HRA is used, the Employee is responsible for the balance of the deductible, which is $1,100 for single coverage and $2,200 for family coverage.
For 2025, MVP will continue to administer the HRA. Providers will be paid directly from your HRA by MVP when funds are available.
MVP will track claims as they are submitted. When the initial OCU funding is exhausted, employees will be responsible to pay provider for the next either $400 or $800. Once that amount of claims has been submitted, MVP will return to debiting the HRA. While MVP will be tracking HRA usage, it is important for employees to be aware of their available balance.
If you enter the plan at a time other than the beginning of the plan year, the amount credited to your account will be reduced to reflect the time of actual participation.
Eligibility
All full-time employees who work at least thirty (30) hours per week are eligible for coverage the date of hire.
Help Center
(802) 264-6500
Monday- Friday 8:30- 5:00 EST
www.benefitspaymentsystem.com
Select: “Participant Login”
Select: “Create Account”
Forms and Plan Information
Your HSA Benefits
Employees who elect the Health Savings Account may make a maximum contribution of $4,300 for single coverage and $8,550 for family. These limits include the funding provided by One Credit Union ($40 for individual coverage per paycheck and $80 for all other tiers per paycheck). If you are over the age of 55, you may make an additional contribution of $1,000.
Health Savings Accounts will be managed by MVP Health Care.
Eligibility
All full-time employees who work at least thirty (30) hours per week are eligible for coverage the date of hire.
Help Center
(802) 264-6500
Monday- Friday 8:30- 5:00 EST
www.benefitspaymentsystem.com
Select: “Participant Login”
Select: “Create Account”
Your FSA, LPFSA, and DCA Benefits
My Flexible Spending Account (FSA)
You can pay for unreimbursed medical – including the deductible gap the HRA does not cover – dental, vision, over-the-counter medical supplies and many more health-related expenses on a pre-tax basis. You may deduct up to the IRS maximum of $3,300 for 2025, with up to $660 in unused contributions available to rollover for the next year. If you are enrolled in an HSA, you can enroll in a Limited-Purpose FSA (vision and dental expenses only).
For a list of eligible expenses, go to www.IRS.gov and search for Publication 502.
Limited Purpose Flexible Spending Account (LPFSA)
Similar to the FSA but limited to reimbursement of Dental and Vision expenses only.
You may deduct up to the IRS maximum limit of $3,300 for 2025, with up to $660 in unused contributions available to rollover for the next year. If you have a Health Savings Account (HSA) you are able to enroll in the LPFSA.
For a list of eligible expenses, go to www.IRS.gov and search for Publication 502.
Dependent Care FSA
The Dependent Care FSA allows employees to use pre-tax dollars towards qualified dependent care such as caring for children under age 13 or elder care. The annual maximum amount you may contribute to the Dependent Care FSA $5,000 (or $2,500 if married and filing separately) per calendar year.
Examples include:
- The cost of child or adult dependent care
- The cost for an individual to provide care either in or outside your house
- Nursery schools an preschools (excluding kindergarten)
Help Center
(802) 264-6500
Monday- Friday 8:30- 5:00 EST
www.benefitspaymentsystem.com
Select: “Participant Login”
Select: “Create Account”
Forms and Plan Documents
FSA/HSA Store
The Richards Group has entered into a partnership with Health-E Commerce, also known as the FSA/HSA Store. This gives you access to hundreds of products that have been pre-vetted & approved for use with your Flexible Spending or Health Savings Accounts.
Did you know you could use your FSA/HSA to save money on everyday health essentials like baby health items, health trackers, pain relief products and more?
Here are just a few benefits of using the FSA/HSA Store:
- No Receipts Needed
- 2,500+ FSA Eligible Products
- 100% Eligibility Guaranteed
- Skip the claims process when you use your FSA/HSA card
This partnership also allows access to their Caring Mill products. Caring Mill is a line of premium healthcare products that support a healthy lifestyle and on average is priced 30% less than branded equivalent products.
With every Caring Mill purchase, a donation is made to Children’s Health Fund, providing necessary treatments to thousands of children in need, throughout the United States.
Curious what your FSA/HSA dollars can cover? Simply enter the product you are looking for in the eligibility list below.
To access the FSA Store please visit: https://fsastore.com
To access the HSA Store please visit: https://hsastore.com
Forms and Plan Documents
Your Dental Benefits
One Credit Union offers one (1) dental plan to its employees:
Northeast Delta Dental Videos
Contributions
Eligibility
All full-time employees who are scheduled to work 30 or more hours per week are eligible for cover the first of the month following 30 days of employment.
HOW Program Information
Learn how to get the most out of your Delta Dental plan
Your Vision Benefits
Your Group Life Benefits
One Credit Union offers Basic Life and Accidental Death & Dismemberment (AD&D) insurance to all eligible employees at 2x your annual earnings to $200,000. The original benefit is reduced to 65% at age 70 and reduced to 50% at age 75. Benefits terminate at retirement.
Contributions
This is 100% Employer paid.
Eligibility
All full-time employees who work at least thirty (30) hours per week are eligible for coverage the first of the month following 90 days of employment.
Your Short Term Disability Benefits
One Credit Union provides Short Term Disability coverage to eligible employees. This benefit is 66 2/3% of basic weekly pay up to $2,000 maximum. Payment of benefits begins: 1st day of accident and 8th day of illness. The benefit duration is 13 weeks.
Contributions
This is 100% Employer paid.
Eligibility
All full-time employees who work at least thirty (30) hours per week are eligible for coverage the first of the month following 90 days of employment.
Your Long Term Disability Benefits
One Credit Union provides Long Term Disability coverage to all eligible emplyees. This benet is 66 2/3% of basic monthly pay up to a maximum of $10,000. Payment of benefits begins after 90 days from start of a qualified disability. The benefit duration is to the normal Social Security Retirement age.
Contributions
This is 100% Employer paid.
Eligibility
All full-time employees who work at least thirty (30) hours per week are eligible for coverage the first of the month following 90 days of employment.
Your Voluntary Mutual of Omaha Benefits
Voluntary Accident Insurance
Don’t let an accident catch you off guard. Protect your family’s finances with Accident Insurance from United of Omaha Life Insurance Company.
An accident insurance policy supplements your medical coverage and provides a cash benefit for injuries you or an insured family member sustain from an accident.
Voluntary Critical Illness
As an active employee of One Credit Union, you can lessen the financial impact of a serious illness by purchasing Critical Illness insurance through United of Omaha Life Insurance Company.
A critical illness insurance policy provides a lump-sum cash benefit upon diagnosis of a critical illness like a heart attack, stroke or cancer. This benefit can be used to pay out-of-pocket expenses or to supplement your daily cost of living.
Voluntary Term Life Insurance
As an active employee of One Credit Union, you have access to a life insurance policy from United of Omaha Life Insurance Company. It replaces the income you would have provided, and helps pay funeral costs, manage debt and cover ongoing expenses.
Contributions
This is 100% Employee paid.
Your Travel Assistance Benefits
24 Hour Travel Assistance Service
Travel Assistance through Mutual of Omaha, provided by AXA Assistance, can help you, your spouse and dependent children on any single trip up to 120 days in length and more than 100 miles from home:
- Pre-Trip Assistance
- Immediate Attention For Emergencies While Traveling
- Emergency Travel Support Services
- Medical Assistance
- Identity Theft
- Education and Prevention
- Recovery Information
For inquiries within the U.S. call toll free: 1-800-856-9947
Outside of the U.S. call collect: (312) 935-3658
Contributions
This is 100% Employer paid.
Your Employee Assistance Benefits
The Employee Assistance Program by Mutual of Omaha allows you to get the help you need so you can spend less time worrying about the challenges in your life and can get back to being the product worker your employer counts on to get the job done.
Contributions
This is 100% Employer paid.
Your Will Preparation Services
Epoq Inc. offers a secure account space that allows you to prepare wills and other legal documents. Whether you are single, married, have children or are a grandparent, a will is an important investment in your future and should be tailored for your life situation.
Create your will at www.willprepservices.com and use the code MUTUALWILLS to register
Your Retirement Benefits
One Credit Union sponsors a retirement plan to help you save for retirement. The Plan is called a 401 (k) Plan. This Plan is sponsored by CUNA Mutual Group.
All employees are eligible to participate in the 401(k) plan after completing 6 months of service. Once eligible, you may begin deferring a portion of your salary up to the IRS annual limit. One Credit Union contributes to the plan in two ways. The first is a Safe Harbor Non-Discretionary contribution that is a flat 3% that is automatically contributed to all eligible employees’ accounts regardless of personal contribution level; and you do not need to participate in the 401k plan to partake in this 3% contribution. The second is a match contribution that is 100% match on the first 3% of the employee contribution. All employee contributed dollars to the 401(k) plan are on a pre-tax basis with the exception of contributions to the Roth Ira option of the plan, which is an after-tax deduction. The pretax contribution reduces your taxable income and all contributions and earnings are taxed upon distribution. The after-tax contribution does not reduce your taxable income, however only earnings are taxed upon distribution. You can increase or decrease your contributions on a per payroll basis.
You are immediately vested in, meaning you own, 100% of your contributions and the Safe Harbor contributions to the plan. Employer Match contributions, plus earnings they generate, are vested as follows:
SmartConnect - Medicare Resource
The Richards Group has partnered with SmartConnect™, an exclusive, no-cost program created specifically to connect Medicare-eligible working adults to the world of Medicare benefits. Whether an employee plans to continue working or is transitioning to retirement, we tailor solutions designed around their needs. Our agents provide an unfiltered view of the entire range of options and prices available to the employee.
SmartConnect Contact Information
For more information or to get started, please click on the following link:
Additional Information
Your Tuition Assistance
The One Credit Union’s tuition assistance program is designed to help employees pay back student loan debt and improve their financial well-being.
Utilizing One Credit Union’s relationship with The Richards Group, consultation services provided through GradFin are provided free of charge. GradFin is a new employee benefit program that is revolutionizing the way employees can reduce their student loan debt.
GradFIN will provide:
- One-on-one education consultations with GradFin Consultation Experts to review your current loan status and discuss personalized payoff options to save on your loans.
- GradFin will offer a competitive interest rate reduction when you refinance your loans.
- GradFin will offer the lowest interest rates in the industry through their lending platform which is made up of ten lenders to maximize the chances that you will be approved for a new loan.
For more information or to schedule a one-on-one consultation visit:
Help Center
GradFIN
For more information or to schedule a 15-minute appointment with a GradFin Consultation Expert click HERE!
Phone: (844) GRADFIN
Plan Information
Your MemberDeals Discounts
One Credit Union employees have now access to huge savings on nationwide entertainment through MemberDeals. Find exclusive discounts, special offers, preferred seating, and tickets to top attractions, theme parks, shows, sporting events, hotels and much more.
- Save up to 40% on Top Theme Parks Nationwide
- Save up to 60% on Hotels Worldwide
- Save up to 40% on Top Las Vegas & Broadway Show Tickets
- Huge Savings on Disney & Universal Studios Tickets
- Preferred Access Tickets™ Find great seats to your favorite concerts, sports and more!
