February eNewsletter

Important Flexible Spending Account Deadlines

If you were enrolled in the 2022 Health Care or Day Care Flexible Spending Account, take a look below for important information about deadlines that are quickly approaching.

According to IRS rules, Flexible Spending Accounts operate on a use-it-or-lose-it basis, meaning that you forfeit any unreimbursed amounts left in your account after the deadline to use the funds.

If you were enrolled in the Healthcare Flexible Spending Account or Day Care Flexible Spending Account in 2022, the last day you can use the money in your account for eligible expenses is March 15, 2023.

The deadline to file a claim for any eligible expenses you had between Jan. 1, 2022 and March 15, 2023 is March 31, 2023.