As a reminder, the CSU offers the 2 ½ month grace period extension from January 1, 2014, through March 15, 2014, for the 2013 HCRA/DCRA Flexible Spending Account plan year.

Participants enrolled in HCRA or DCRA through December 31, 2013, who have any remaining funds in a 2013 HCRA or DCRA account, can be reimbursed for out-of-pocket medical or dependent care expenses incurred from January 1, 2014, through March 15, 2014. If the participant re-enrolled for 2014, any claims incurred during the grace period will be automatically applied to any unused funds from the 2013 plan year (includes FSA Debit Card participants).

Participants can also request that claims incurred between January 1st and March 15th be applied to the 2014 plan year balance rather than the 2013 plan year balance. Such requests must be made in writing to ASIFlex, the third party administrator.
 

• The deadline to incur expenses during the 2 ½ month grace period is March 15, 2014.
• The deadline to submit 2013 claims for reimbursement is June 30, 2014.

After these deadlines have passed, all unused 2013 HCRA/DCRA account balances will be forfeited, per IRS regulations.