Time Is Running Out to Spend Your Flexible Spending Dollars

/
medical bills with calculator, pen, glasses and stethoscope

Time is running out to spend your Health Care Flexible Spending Account (FSA) or Health Reimbursement Account (HRA) dollars on approved medical expenses.

Employees have until Dec. 31 to use their FSA/HRA on doctors’ office visits, prescription copays, eyeglasses and contacts, dental work and many other health expenditures. For a complete list of eligible purchases, please refer to ASI Flex.

If you are looking for ways to use your remaining funds, check out the FSA Store.

In addition, you may be able to roll over some of your unspent 2022 funds into 2023. Employees can roll over up to $570 into their 2023 Health Care FSA or HRA. The $570 is a combined amount for the FSA and the HRA.

If you are not sure how much you have left in your FSA or HRA, you can check your account balance through ASI Flex’s website.

A few restrictions to note: Dependent Care Flex Spending Account dollars do not roll over; and accounts must be active at the end of the year to be eligible for rollover.

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