Posted 5:25 a.m. Tuesday, March 7, 2023
A Flexible Spending Account (FSA) allows you to be reimbursed for certain out-of-pocket expenses with tax-free dollars. Since these are spending accounts, the money should be spent.
Eligible expenses include:
- Medical (post-deductible only if you are also in the HDHP and HSA)
- Dental
- Vision
- Dependent Day Care
To be reimbursed from your 2022 Health Care FSA, you must have incurred eligible expenses by December 31, 2022. Expenses must be submitted and substantiated by March 31, 2023.
How to Submit Eligible Expenses for Reimbursement
The most efficient way to submit your eligible expenses for reimbursement is electronically by using the Optum mobile app or website. The links are below:
Remember to include the required IRS supporting documentation with your submission. Optum will contact you directly for additional information, if necessary.
Carryover Reminders
Up to $570 of unused funds in a Health Care FSA will carry over from 2022 to 2023 on/around April 15, 2023. Unused funds greater than $570 will be forfeited. The IRS does not allow carryover for the Dependent Day Care FSA.
More Information
For questions about your claims, eligible expenses, or your payment card, contact Optum at (833) 881-8158.
For general information, review the UW System Employee Benefits FSA web page.
