Human Resources and Security Specialists should use this tool to determine the correct investigation level for any covered position within the U.S. Federal Government.
Visit this federal site to search for our regulatory notices, proposed and final rules.
See the latest tweets on our Twitter feed, like our Facebook pages, watch our YouTube videos, and page through our Flickr photos.
Neither is the case. Health care flexible spending accounts and dependent care flexible spending accounts are use-or-lose accounts. The IRS requires the money you set aside as a salary deduction be spent during a specific benefit period. You have until the end of the benefit period to incur expenses for the balance in your account. After the end of the benefit period and after the deadline for submission of claims, all money not spent or reimbursed is forfeited. You are not refunded the remaining balance and it does not roll over.
However, there are ways to reduce your risk. FSAFEDS gives you until March 15 of the following year, or 14 and a half months, to incur eligible expenses. Similarly, you have until April 30, or 16 months since the start of the benefit period, to submit your claims. If you calculate your eligible expenses carefully and contribute conservatively, you are less likely to have unspent health care flexible spending accountor dependent care flexible spending account dollars.
There was an unexpected error when performing your action.
Your error has been logged and the appropriate people notified. You may close this message and try your command again, perhaps after refreshing the page. If you continue to experience issues, please notify the site administrator.