Claim Your FSA, Fitness Expenses by March 31
Flexible Spending Accounts
March 31, 2021 is the deadline to submit claims for eligible 2020 Health Care, Limited Use Health Care, or Dependent Care Flexible Spending Account (FSA) expenses. Expenses must have been incurred during 2020 to be eligible for reimbursement. Under IRS rules, you forfeit all but $550 of any money left in your account after the year’s expenses have been paid. (The $550 carryover does not apply to Dependent Care FSA expenses.)
Fitness Reimbursement
The BMC Fitness Reimbursement Program allows you to receive a one-time annual reimbursement of up to $225 per year for fitness-related activities, including gym memberships and exercise classes.
- If you belong to a BMC onsite gym in Houston: Submit a copy of your final 2020 pay stub to Your Spending Account (YSA) by March 31, 2021. Even if your monthly membership dues are deducted from your paycheck, you still need to file a fitness reimbursement claim to YSA.
- If you belong to an offsite or online fitness center: Submit your 2020 receipts to YSA for membership dues or exercise classes by March 31, 2021.
To request reimbursement, log on to mybmcrewards.com, click on the Your Spending Account tile and follow this path: Get Reimbursed > Fitness.
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.