2020 Dependent Care FSA spend down reminder
If you have a balance in your Dependent Care FSA from 2020, the grace period has temporarily been extended to Dec. 31, 2021, to incur eligible expenses. Any remaining balance in your 2020 Dependent Care FSA that is not spent by Dec. 31, 2021, will be forfeited. You must file all 2020 claims by Dec. 31, 2021.
2021 FSA and Limited FSA carryover reminder
Your entire 2021 remaining balance on Dec. 31, 2021 (rather than just $500 or less as in most years) will carry over into 2022 and be added to your 2022 election amount to be spent on 2022 eligible expenses.
Use the following resources to make the most of your account.
Health savings account —
For all employees
Flexible Benefits — For State and Higher Education employees only
Health Finance Ed Center
Important note: If you terminate your employment during the plan year, check your FSA balance(s). You’ll have 90 days after your termination date to submit claims. Any funds left in your account(s) after the 90 days are forfeited.
Optum Bank Academy Educational Courses
- HSA - Start Saving Now
- Money Management: Using Your HSA to Take Control of Your Health Care Dollar
- The Savvy [Health Care] Shopper: Strategies for Lowering the Cost of Care
- Money in the Bank: Your HSA as an Investment Tool
Take control of your health and dependent care spending and saving
Find out what you can buy with your health account. Expenses include medical, dental, vision and prescription expenses.
Get answers to FAQs including how to submit a claim, access your tax forms, start investing your HSA dollars and more.
Make managing and paying for qualified and eligible medical expenses easier with the Optum Bank app.