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Use it or lose it: Use your 2012 FSA balance by March 15

If you had money left in your Health and/or Dependent Care Flexible Spending Accounts (FSA) at the end of 2012, you have until March 15 to use the balance. If you don’t spend the money, you lose it.

The period from Jan. 1 to March 15 following the plan year is called the grace period. During this time, you may use any remaining funds from your 2012 FSA accounts for eligible expenses incurred during the grace period.

Once you’ve incurred eligible expenses, don’t forget to submit claims for reimbursement. You have until April 15, 2013, to submit claims for expenses incurred during the 2012 plan year through March 15.

Log in to your CONEXIS account online to get immediate access to your FSA activity, account balance and reimbursement information.

For more details, see the Flexible Spending Accounts page on the At Your Service website.

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