The NDSU flexible spending plan features a grace period to incur expenses and file claims.
The grace period ends March 15 for both health care and dependent care FSAs. The grace period allows employees to continue to incur expenses to apply to the prior year balance.
The deadline to submit claims is April 30.
Medical Spending - $2,850 annually
Dependent Care - $5,000 annually per household set by IRS
The CARES Act permanently reinstates coverage of over-the-counter drugs and medicines WITHOUT a prescription. This change is retroactive to January 1, 2020.
Please refer to the document provided by ASI Flex with more information and specific details on what may be covered and how to submit your claims.