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Frequently Asked Questions Insurance

Is there a grace period for FSAFEDS? What does that mean?

The grace period is an additional 2 ½ months (running January 1 through March 15) during which you can incur eligible expenses that can be reimbursed from your prior year’s balance.  This applies to both health care and dependent care accounts.  The grace period helps participants avoid forfeiting any of the funds deposited in their FSA account.

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