Reminder: March 31 Deadline for Filing 2016 Flexible Spending Account Claims
March 22, 2017
If you had a Health Care and/or Dependent Day Care Flexible Spending Account (FSA) for 2016, the deadline to submit 2016 FSA claims to TASC is Friday, March 31, 2017. Health care and dependent care expenses incurred during the 2016 calendar year are eligible. Claims for 2016 that are received by TASC after March 31, 2017 will not be processed. Note: This does not apply to Health Savings Accounts (HSA).
As a reminder, the IRS allows up to $500 Health Care FSA funds to be carried over to the following year. After the March 31, 2017 deadline, any unused or unclaimed funds over $500 in your 2016 Health Care FSA will be forfeited. If you did not sign up for a 2017 Health Care FSA during the Annual Benefits Enrollment period last fall, an account will be created for you if you have carryover. You will not receive a new TASC debit card. Note: There is no carryover provision for the Dependent Day Care FSA.
You may submit a claim using any of the following methods:
Important: The IRS requires you to include appropriate supporting documentation when submitting a claim. Make sure that your documentation contains the required information before submitting.
Source: UW Service Center
Categories: Insurance