Citi Benefits Handbook
How the Spending Accounts Work
Enrolling in the Spending Accounts
To have continued coverage in the Health Care Spending Account (HCSA), Limited Purpose Health Care Spending Account (LPSA) and/or Dependent Day Care Spending Account (DCSA), you must enroll each year. Your election does not roll over from year to year.
For the Transportation Reimbursement Incentive Program (TRIP), you can enroll at any time. Before-tax and, if needed, after-tax payroll contributions will be deducted from your pay as soon as administratively possible to pay for your transit and/or parking pass, which must be purchased online.
Once enrolled, you can obtain information about your account on the Optum Financial website through My Total Compensation and Benefits at, available from the Citi intranet and the Internet. Contributions to the spending accounts from your pay will be available as follows.
If you enroll during the Annual Enrollment period or if you enroll as a new hire on or before November 1:
  • HCSA and LPSA: The entire amount of the 2024 contributions you elect will be posted to your account on January 1. You can be reimbursed up to the entire amount of your annual contribution at any time during the plan year for incurred eligible expenses, even if the entire 2024 contribution amount has not yet been deducted from your pay.
  • DCSA: Contributions will be posted to your account each pay period. You can be reimbursed up to the amount available in your account. The balance of any claim will be paid as additional contributions are deposited into your account.
  • TRIP: Contributions will be deducted each pay period to purchase transit and/or parking passes you have selected online.