Posted December 30, 2016:
The 2016 Flexible Spending Account (FSA) Grace Period will run January 1, 2017 – March 15, 2017. This means that if you are an active participant as of December 31, 2016 for the 2016 FSA Plan Year, you may continue to incur expenses through March 15, 2017 in order to use any remaining funds in the 2016 FSA Plan Year.
Wondering how to spend those dollars wisely? There are thousands of over-the-counter (OTC) health care products eligible under Health Care FSAs! Shop the FSA Store now and use the coupon code ASIFN10 for $10 OFF thousands of eligible items.
Remember the deadline to submit claims is April 15, 2017 for ALL allowable expenses incurred during the 2016 Plan Year and the accompanying Grace Period. After April 15, 2017, accounts will be closed and any balance remaining will be forfeited to the State of Delaware in accordance with federal regulations.