October 21, 2013

FSA filing deadline approaching

Tick-tock: The deadline to submit health care and dependent care claims for Flexible Spending Accounts for the 2012-13 plan year is Nov. 15.

The FSA plan year ended June 30. A grace period allows members to submit claims for FSA-eligible services incurred through Sept. 15. All reimbursement requests for the plan year must be postmarked (ASIFlex, P.O. Box 6044 Columbia, MO 65205), submitted online (www.asiflex.com) or faxed to 877-879-9038 by midnight (MDT) Nov. 15.

Claims incurred through Sept. 15 will first be applied to available funds from the prior plan year (2012-13). Any excess claims amounts will be applied to the new plan year (2013-14), assuming you re-enrolled.

Reimbursement requests submitted after Nov. 15 for expenses incurred in the 2012-13 plan year will be denied. Per Federal IRS regulations, any unused funds will be forfeited.