FAQs

 Eligibility & Enrollment (Displaying results 21-30 of 54)

Page 3 of 6, Showing 10 Results

• When is my FSA available and how do I know how much money is available? Open Closed

  If you are a new employee, your FSA is activated once you've enrolled and your employment is verified through your employing agency or its payroll office. If you enrolled in an FSA during Open Season, your FSA is available on the first … Read more…the full answer

• What is the use or lose rule? Open Closed

  The IRS created the "use or lose" rule, which states that all money left in your FSA is forfeited after the benefit period ends … Read more…the full answer

• What happens if I go on a period of leave without pay (LWOP) and incur an eligible expense? Open Closed

  If you go on a period of Leave Without Pay (LWOP) or other non-pay status during the benefit period (plan year), your agency will not withhold your allotment (FSA contribution) during that time. If you go into a period of LWOP and have not … Read more…the full answer

• What happens if I go on non-pay status and my agency continues to pay my FEHB premiums? Open Closed

  If you go on non-pay status during the benefit period (plan year) and have not pre-paid your allotment (FSA contribution), your FSA account will be frozen. You will not be eligible for reimbursement of any health care expenses incurred during that… Read more…the full answer

• When does my participation in FSAFEDS end? Open Closed

  Your participation in FSAFEDS ends when one or more of these events occur: You decide not to make an FSA election during the Open Season for the upcoming benefit period (plan year). Your participation then stops at the… Read more…the full answer

• What happens if I separate or retire before the end of the plan year? Open Closed

  The balances in your Health Care FSA (HCFSA), Limited Expense Health Care FSA (LEX HCFSA) and Dependent Care FSA (DCFSA) are treated differently if you separate or retire before the end of the calendar year. Your HCFSA or LEX HCFSA will te… Read more…the full answer

• If I separate or retire from service, can I receive my remaining HCFSA or LEX HCFSA balance? Open Closed

  No, you can only be reimbursed for the expenses incurred prior to the date of separation or retirement even if you have accelerated your allotments (FSA contributions). You are not eligible for reimbursement even if there is still mone… Read more…the full answer

• What if I accelerate my allotments and then decide to separate? Open Closed

  You can only be reimbursed for health care expenses incurred prior to the date of separation or retirement even if you have accelerated your allotments (FSA contributions). You are not eligible for reimbursement even if there is still money in you… Read more…the full answer

• If I separate but return to work for another government agency, will my FSA be reinstated? Open Closed

  Your previous election will be reinstated as long as you return to work for an agency that is covered under FSAFEDS within 60 days of your separation and before the end of the same benefit period. You may not change the amount of your election. FS… Read more…the full answer

• If I return to work after 60 days of my separation within the same benefit period, is there a limit for my DCFSA election? Open Closed

  Yes, your new election for a Dependent Care FSA (DCFSA) combined with your previous election should not exceed the maximum amount of $5,000 per household ($2,500 if married filing separately).… Read more…the full answer