Sunday, December 10, 2017

FSA Open Season Ends December 11

 
Postal Service employees enrolled in a health care Flexible Spending Account (FSA) program through FSA Feds have until December 31 to incur claims.

Unlike previous years, the 2017 FSA Feds program doesn’t have a grace period for health care accounts.

Instead, you can carry over as much as $500 in health care FSA funds into next year if you re-enroll in the FSA program for 2018 during Open Season, November 13 - December 11.
Any funds in excess of $500 will be forfeited. If you don’t re-enroll, all remaining funds — including the $500 — will be forfeited.

Unlike the health care FSA, you have a grace period for dependent care FSAs. The last day to incur expenses for a 2017 dependent care FSA is March 15, 2018.
April 30, 2018 is the last day to submit all claims for both 2017 health care and dependent care FSAs.

Claims for 2017 should be submitted to FSA Feds. If you opted for paperless reimbursement on your health care FSA, you don’t need to submit claims.
If you haven’t opted for paperless reimbursement, visit the LiteBlue page for more information on available claims submission options. The FSA Feds site has additional information.

 

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