State of Iowa Benefits

 

Your Flexible Spending Account(s): What You Need to Know 
 

November 2020 

To help you make the most of your Flexible Spending Account (FSA) benefit, key information and deadlines for health and dependent care FSAs are highlighted below:

  • If you enrolled in the 2021 FSA program: You will receive an enrollment confirmation from ASIFlex in mid-December. Please review it carefully to ensure your annual election(s) and banking information are correct. Contact your Human Resources Associate before December 31, 2020, if you find any errors needing correction.
  • If you are currently enrolled in the 2020 health FSA plan: You have until December 31, 2020, to incur claims and be reimbursed with 2020 contributions. If you have any remaining funds, you may carry over up to $500 to 2021 for use with 2021 claims.  
  • If you have any remaining health FSA carryover funds from 2019: You have until December 31, 2020, to incur claims and be reimbursed with those funds. You may submit these claims to ASIFlex through April 15, 2021.
  • If you are currently enrolled in the 2020 dependent care FSA plan: The grace period allows you to use 2020 contributions for daycare expenses incurred through March 15, 2021.  

View information about claim submissions or contact ASIFlex at 800-659-3035 if you have questions or need assistance.