Using Flexible Spending Accounts
Reimbursement checks are issued twice each month. You will receive
a schedule of reimbursement dates if you participate in either flexible
spending account. Here are a few things to keep in mind:
- You may begin to submit reimbursement requests for health care
expenses when eligible expenses are at least $25 regardless of the
balance in your account. You will be reimbursed for the amount of
your request up to the total amount allocated to your account for
the plan year.
- You may begin to submit reimbursement requests for dependent care
expenses when both the balance in your account and your eligible expenses
are at least $25. If your request exceeds the balance, you are reimbursed
up to the balance in your account. The remainder is paid as funds
become available.
- Time Limit to Claim Reimbursement
You have three months
following the end of the plan year to claim reimbursement of expenses
incurred during the previous plan year. There is no minimum claim
amount required for claims filed after the end of the plan year.
You will receive periodic statements of the contributions to your
flexible spending accounts and amounts reimbursed.