Spend your FSA money before it’s gone
Expenses must be incurred by Dec. 31, 2020. And you have until March 31, 2021, to submit claims to be reimbursed.
Day Care FSAs
- Use your Day Care FSA to pay for day care or dependent care expenses for your child under age 13, disabled spouse, or dependent parent so you can work or attend school full-time.
- Day Care FSA funds can also be used to pay an eligible family members to watch your children, as long as the family member is not your tax dependent (your spouse, the parent of the child, your dependent, or your child under the age of 19).
- Online or “virtual” day cares and camps are not eligible for reimbursement with Day Care FSAs, according to IRS regulations.
- See the complete list of Day Care FSA Eligible and Ineligible Expenses.
- You must use your FSA money for eligible expenses incurred during the plan year—unused funds are forfeited.
Health Care FSAs
- You can use your Health Care FSA funds to pay for a variety of medical, dental, and vision expenses for you, your spouse or eligible domestic partner, and your dependents.
- Health Care FSA funds can be used to pay for orthodontia, laser eye surgery, eyeglasses, and over-the-counter medications and supplies, including menstrual care products. They can also be used for eligible ergonomic office equipment when you obtain a letter of medical necessity from your doctor.
- See the complete list of Health Care FSA Eligible and Ineligible Expenses. You can also shop online at the FSA Store.
- For the Health Care FSA only, unused funds up to $550 will carry over to the next calendar year. These carryover funds will be available to you after March 31, 2021. Any other unused funds are forfeited.
If you have questions about your FSA benefits, contact Navia Benefit Solutions at 425-452-3500 or email Navia Benefit Solutions.