Claim Your FSA, Fitness Expenses by Mar. 31
March 31 is the deadline to submit claims for 2017 Flexible Spending Accounts and fitness center membership dues.
Flexible Spending Accounts
If you had a 2017 Health Care, Limited Use Health Care or Dependent Care Flexible Spending Account (FSA), the deadline for submitting eligible expenses is March 31, 2018. Expenses must have been incurred during 2017 to be eligible for reimbursement. Under IRS rules, you forfeit all but $500 of any money left in your account after the year's expenses have been paid. (The $500 carryover does not apply to Dependent Care FSA expenses.)
Fitness Reimbursement (If you have unclaimed 2017 expenses)
- If you belong to a BMC onsite gym in Houston: Submit a copy of your final 2017 pay stub to Your Spending Account (YSA) by March 31. Even if your monthly membership dues are deducted from your paycheck, you still need to file a claim to be reimbursed for dues.
- If you belong to an offsite fitness center: Submit your 2017 receipts to YSA for membership dues or exercise classes by March 31.
To request reimbursement, log on to My BMC Compensation & Benefits and click on this path: Visit My Spending Accounts> Other Accounts>Request Fitness Reimbursement.
See the step-by-step guide to learn more or contact YSA at 1-877-262-4849. Representatives are available Monday to Friday, 8 a.m. to 9 p.m., Eastern time.