April 15 is deadline for requesting reimbursement from 2012 flex account

If you haven’t yet used all the money you set aside in your 2012 Flexible Spending Account (FSA), be sure to submit all remaining expenses by Monday, April 15.  After April 15, any money remaining in your 2012 FSA account will be forfeited.

Please note: The April 15 deadline is only for your 2012 account — not your 2013 account. Also, remember that you may use your 2012 account funds only for expenses incurred in 2012 — expenses incurred in 2013 may not be paid from your 2012 account.

Submit remaining 2012 FSA claims to WageWorks, the City’s claims administrator.

FSAs (Flexible Spending Accounts) are optional accounts employees set up during open enrollment to set aside money, before taxes, to pay for eligible health care expenses. These are “use it or lose-it” accounts — any money that is not used by the annual deadline is forfeited.

 

 

Published Apr 11, 2013