End of 2024 flexible spending account plan year is coming. Use it, don't lose it!
2024 limited purpose/medical FSA:
The limited purpose and medical FSAs have a carryover feature. This allows you to carry over $610 or less in unspent funds to the next calendar year. Anything more than $610 will not carry over to use in 2025.
Your claims for expenses with dates of service that occurred in 2024 must be filed by April 30, 2025. After that, funds exceeding $610 will be forfeited.
Please note: After Dec. 31, 2024 any remaining 2024 expenses should be reimbursed by submitting a claim online or by paper claim form. Do not swipe your debit card for expenses incurred in 2024 after Dec. 31, 2024.
2024 dependent care FSA:
The dependent care FSA does not have a carryover provision, so you will lose any funds remaining in that account after the runout deadline of April 30, 2025. To avoid forfeiting any of your funds, file claims with dates of service in 2024, before April 30, 2025.
Educational Materials
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
All accounts — Information for both HSA and Flexible Benefits
Health Finance Ed Center
Video
FSA: How to upload a receipt
Find out how to upload a receipt for an Optum Bank debit Mastercard® purchase.
Video
FSA: How to file a claim
Do you have questions about how to file a claim? Watch this video for step-by-step instructions.
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.
Webinar
Attend a webinar
Learn more about what’s new and what’s coming, including how to maximize your HSA, investment opportunities and more.
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.
Have questions? We’re here to help.
Contact us at 866-600-4984, 24/7, excluding major U.S. holidays.
Or, email at service.tennessee@optum.com.