Time’s Running Out to File for FSA Reimbursements for 2014

There are just a few more days to file your flexible spending account (FSA) receipts for reimbursement on approved medical expenses from 2014. All documents and supporting receipts are due to ASI Flex on or before March 31—so don’t be late!

Approved medical expenses could include such things as office visits and prescription copays, acupuncture and chiropractic visits, eyeglasses, dental work and many other health expenditures. Services and purchases need to have been made between Jan. 1 and Dec. 31, 2014. For a complete list of eligible purchases, refer to the information compiled by ASI Flex.

In addition, you may be able to roll over some of your unspent 2014 funds into 2015. Employees can carry over up to $500 into this year’s flex spending account. This IRS guideline applies to employees not enrolled in a high deductible health care plan.

If you are not sure how much you have left in your flex spending account, check your account balance through ASI Flex’s website, or smartphone users can use the ASI app. To download the app, go to Google Play or the iPhone App Store and then search for ASI Flex.

For more information on the Department of Human Resources’ Benefits division, visit their website on InSite.