How Does Annual Election Funding Work?

Ameriflex’s Annual Election Funding option is a no-interest monthly funding method designed specifically for public sector groups. Instead of prefunding the entire year or sending payroll deductions every pay period, your group will send 1/12 of the total annual elections each month.

Written by Taylor Byas

Updated 3 days ago

The annual election funding option is simple—here's what you need to do:

Receive your monthly invoice.
- Each month, Ameriflex will generate an invoice for your group.
- Invoices are available in the Employer Portal under Invoices/Reports.
Send your payment.
- Once you receive the invoice, you will ACH push the funds to Ameriflex.
- Banking information can be found in the Employer Portal under the Banking tab on the left-hand side.
Monitor enrollment changes
- Please note: Invoice amounts will increase if your enrollment increases throughout the year.

Tip: Be sure to review your invoices regularly to stay current with any adjustments due to enrollment changes.

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