Attention: Check Your FSA Accounts
July 1, 2017 |
This is a friendly reminder to check your balance at PayFlex.com or on the PayFlex mobile app.
Remember the rules:
- Spend all funds by Dec. 31 or lose them. The exception is the Healthcare FSA, where up to $500 will roll to the next year.
- All 2017 reimbursement claims must reach PayFlex by Feb. 15, 2018. Using the Healthcare FSA debit card is automatically submitting claims.
Remember the benefits: you’re reducing your payroll taxes by about $20 for every $100 you put into your FSA.
For the Healthcare FSA, you’ve had access to your full-year amount on the debit card since Jan. 1, interest- and tax-free