Health Care Flexible Spending Account (FSA) Grace Period Extension
The Employee Transitions and Benefits team would like to announce that effective immediately, the grace period to use FY20 Health Care Flexible Spending Account (FSA) funds has been extended from September 15, 2020 to December 31, 2020.
This means that the money leftover in your Health Care FSA after June 30, 2020 can be used for any services rendered up through December 31, 2020 and will not be forfeited until after December 31.
If you enrolled or re-elected the Health Care FSA for FY21, those dollars will be used after your FY20 dollars have been exhausted.
There is no action required by employees as this will all happen automatically through ASIFlex.
If you have any questions, please contact the Employee Transitions and Benefits Team at