Dependent Care Advantage Account
A grace period is now available for the 2020 plan year. The grace period provides eligible participants with an additional 2 1/2 months (January 1 to March 15) to incur dependent care expenses for reimbursement from the remaining balance of their 2020 DCAA. The last day to submit DCAA claims is March 31, 2021 for expenses incurred through March 15, 2021. The grace period will allow you to utilize any unused amounts in your DCAA that would normally be forfeited at the end of a plan year. The grace period is applicable for the DCAA only, as long as the you had a DCAA as of December 31, 2020.
Health Care Spending Account
A carryover is now available for the 2020 plan year. The carryover provides eligible employees to use up to $500 of monies remaining in their 2020 HCSA toward eligible expenses incurred during the 2021 calendar year. The carryover will allow you to utilize unused amounts in your HCSA that would normally be forfeited at the end of a plan year.
You can check your 2020 DCAA or HCSA balances at participant.wageworks.com/
You may e-mail fsa@goer.ny.gov or call WageWorks/Health Equity at 1-800-358-7202 if you have any questions or to learn more.