FAQs

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• When was the Health Care FSA carryover effective? Open Closed

  Carryover became effective with the 2015 benefit period, which began January 1, 2015. … Read more…the full answer

• Who is eligible for carryover? Open Closed

  To be eligible for carryover, participants must have enrolled during Open Season or as a new hire during the year and must meet the following requirements: Be actively employed by a FSAFEDS-participating agency and contributing to a … Read more…the full answer

• How does carryover impact a Health Care FSA or a Limited Expense Health Care FSA? Open Closed

  The most significant change is that expenses reimbursed with carryover funds must be incurred between January 1 (or your effective date) and December 31 (or your separation date). In addition, you must reenroll each year to have access to any car… Read more…the full answer

• Does a carryover count against the $3,300 maximum I'm able to contribute to my HCFSA or LEX HCFSA next year? Open Closed

  Good news! No. You can still contribute up to $3,300 even if you carry over $660 from the previous plan year.… Read more…the full answer

• Can I elect not to have a carryover account? Open Closed

  All HCFSA and LEX HCFSA participants with a remaining balance who reenroll will be set up with a carryover account-it cannot be waived. You will still be able to be reimbursed from the carryover account for your prior year expenses as long as eli… Read more…the full answer

• What type of expenses are eligible for reimbursement with funds that are carried over? Open Closed

  Carryover funds can be used for the same eligible medical, dental, and vision expenses that are covered with your Health Care FSA or Limited Expense Health Care FSA. For a complete listing of eligible expenses, please refer to … Read more…the full answer

• What is the eligible period for incurring expenses towards my Health Care FSA with carryover? Open Closed

  Expenses must be incurred January 1 - December 31 in a benefit period (plan year). There is no longer additional time to incur expenses. Rather, balances of $660 or less will be carried over to the next year. You will be able to carry over t… Read more…the full answer

• How do I know I have a carryover balance? Open Closed

  Simply log in to your online account or the FSAFEDS app. Your account balance, including your carryover balance, and other important account information will be displa… Read more…the full answer

• When do I have access to my carryover funds? Open Closed

  If you reenroll in a Health Care FSA, your carryover funds will be available on the first day of the new plan year-that's January 1. The amount that's carried over is determined at the end of any run-out period for the previous plan year. … Read more…the full answer

• If I deplete my carryover funds with current year expenses and later submit a prior year expense, will the funds be adjusted to allow the new claim to be reimbursed? Open Closed

  No. Claims are processed based on the order in which they are received and balances cannot be adjusted. To ensure eligible prior year expenses are applied towards the carryover account, it's recommended that you submit those claims before April 3… Read more…the full answer