Do you still have funds left over from your 2024 flexible spending account (FSA)? If you signed up for a health care FSA, dependent care FSA or both in 2024 and still have funds remaining in your account, you have a grace period in 2025 to use these funds. <\/p>\n\n\n\n
The grace period gives you time to purchase new products or services before you forfeit unused 2024 funds. Don\u2019t lose your money! Take note of the following important deadlines: <\/p>\n\n\n\n
The IRS requires you to forfeit any unused 2024 funds after the deadline, so be sure to spend your money and submit claims<\/em><\/strong> before it\u2019s too late!<\/em><\/strong> <\/p>\n\n\n\n If you have a Dependent Care FSA, you can use pre-tax dollars to pay for eligible dependent care services, such as child or adult daycare, preschool, and before\/after school programs.\u202fFind a complete list of eligible dependent care expenses here<\/a>. <\/p>\n\n\n\n If you have a Health Care FSA, you can purchase a variety of products and services with pre-tax dollars.\u202fFind a complete list of eligible health care expenses here<\/a>. If you need ideas for what to use your health care FSA funds on, check out the\u202fFSA store<\/a>.\u202f <\/p>\n\n\n\n Benefits-eligible employees are eligible to enroll in an FSA during\u202fOpen Enrollment<\/a>\u202fin October each year or if they experience a qualifying life event.<\/a>\u202fFSAs are a great way to save money on out-of-pocket medical and\/or dependent care expenses. Be sure to learn more and take note of which FSA<\/a> you\u2019re interested in before the next Open Enrollment period. <\/p>\n\n\n\n Please contact HealthEquity\/WageWorks directly at 877-924-3967 or visit the\u202fHealthEquity\/WageWorks website<\/a>\u202fto learn more about how to use your leftover 2024 funds before the deadline. You can learn more about FSAs on the\u202fHR website<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"How Do I Sign Up for an FSA?<\/strong> <\/h2>\n\n\n\n
Questions?<\/strong>\u202f<\/h2>\n\n\n\n