Use It or Lose It

By law, any money in your Dependent Day Care or Limited Purpose FSA that you do not use by the end of the year, or submit a claim for by April 30 of the following year, will be forfeited.

Beginning in 2021, you have the option to roll over up to $550 of your unused Health Care FSA funds for use in the following year. Any rollover amount elected will be forfeited if you enroll in Medical Plan Option C for the following year.

Estimate your projected health care and dependent day care expenses and potential tax-savings with the FSA Calculator on the Benefit Center website.

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