We’re halfway through 2024, and it’s a good time to check your Flexible Spending Account (FSA) balances and take steps to make sure you spend your remaining funds before the end of the year. Here’s some additional reminders:

Health Care FSAs

• Use Health Care FSA funds to purchase summer-related items such as sunscreen, first aid kits, and prescription sunglasses.
• Schedule any necessary back-to-school check-ups and sports physicals if you have children.
• Many over-the-counter items are FSA-eligible, such as pain relievers, cold and allergy medicine, antacids, and feminine care. See the complete list of Health Care FSA Eligible & Ineligible Expenses. You can also shop online at the FSA Store.
• This year, you can roll over up to $640 of unused funds into next year. Any other remaining funds in your account are forfeited.

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 eligible family members to watch your children.
• Online or virtual day cares and camps are not eligible for reimbursement, according to IRS regulations. See the complete list of Day Care FSA Eligible & Ineligible Expenses.
• If you do not use all your Day Care FSA funds within the plan year (Jan. 1—Dec. 31, 2024), any remaining funds will be forfeited.

For additional information, go to Flexible Spending Accounts. If you have questions about your FSA benefits, contact Navia Benefit Solutions at 425-452-3500 or email Navia Benefit Solutions.