You are able to continue to receive reimbursement in the 2022 plan year for a non-disabled child who reached age 13 during the 2021 plan year.
#Irs limited purpose fsa eligible expenses 2021 full#
If you did not elect a Dependent Care FSA account for 2022 during Open Enrollment, you will still receive the full rollover.
The deadline to submit Health Care/Limited Purpose 2021 claims is April 30, 2023.Īll unused 2021 Dependent Care FSA funds are eligible to be rolled over into your 2022 Dependent Care FSA account. In order to be eligible for the Health Care or Limited Purpose FSA rollover, you must have elected a Health Care or Limited Purpose FSA account during Open Enrollment for 2022 and have an active account. Please refer 2024 Open Enrollment communications for details.īelow are changes that have been temporarily made to University’s FSA plans due to the passing of the Consolidated Appropriations Act for 2021.Īll of your unused Health Care or Limited Purpose FSA account balance from 2021 will be carried over to 2022 for use on eligible expenses for 2022. At the end of the year, employees may be able to roll-over some eligible funds. The maximum amount you may contribute in 2023 is $2,850 (minimum election is $100). A complete list of qualifying expenses can be found in IRS Publication 502. Once the Tier 1 Plan deductible has been met, you may also use your Limited Purpose FSA for qualified medical and prescription expenses. You may use your Limited Purpose FSA to reimburse qualified out-of-pocket dental and vision expenses. You are eligible to contribute to a Limited Purpose FSA if you are a benefit-eligible employee that enrolled in the HSA-Eligible Plan and are contributing to an HSA. Please refer to the 2024 Open Enrollment communications for details. Qualified expenses now include: over-the-counter medicine without needing a doctor’s prescription and all feminine hygiene products. The CARES (Coronavirus Aid Relief and Economic Security) Act, passed by Congress, has expanded covered expenses that you may use your FSA on. You may use your Health Care FSA to reimburse qualified out-of-pocket medical, dental, prescription, or vision expenses. Enrolled in the HSA-Eligible Plan and are not contributing to an HSA (if you are contributing to an HSA, see Limited Purpose FSA below).You are eligible to contribute to a Health Care FSA if you are a benefit-eligible employee that:
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