To be reimbursed from your 2024 Health Care Flexible Spending Account (FSA), you must have eligible expenses from the 2024 calendar year. Submit and substantiate your eligible expenses by March 31, 2025.
An FSA reimburses you 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 were also in the HDHP and HSA)
- Dental
- Vision
- Dependent Day Care
How to Submit Eligible Expenses for Reimbursement
Submit your eligible expenses for reimbursement electronically by using the Optum Financial mobile app or Optum website. Remember to include the required IRS supporting documentation with your submission. Optum will contact you directly for additional information, if necessary.
Carryover Reminders
Some of the unused funds in your Health Care FSA may be eligible to carry over from 2024 to 2025 based on the balance in your 2024 Health Care FSA on March 31, 2025. The carryover process will occur around April 15, 2025.
- Unused funds less than $50 will be forfeited if you did not re-enroll for the 2025 plan year
- Unused funds greater than $50 and up to $640 will carry over from 2024 to 2025
- Unused funds greater than $640 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 Universities of Wisconsin Employee Benefits FSA web page.