Mark your calendar. March 31 is the deadline for two important benefits: claims for 2013 flexible spending accounts and the fitness reimbursement program.
Flexible Spending Accounts
If you had a 2013 Health Care, Limited Use Health Care or Dependent Care Flexible Spending Account (FSA), the deadline for submitting eligible expenses is Monday, March 31, 2014. Expenses must have been incurred during 2013 to be eligible for reimbursement. Under IRS regulations, you forfeit any money left in your account after the year's expenses have been paid.
Submit claims through Your Spending Account (YSA). To request reimbursement, log on to My BMC Compensation & Benefits and select Visit My Spending Accounts.
Once YSA receives and processes your claim, they will deposit your reimbursement amount directly into your checking or savings account on file, or send your check to your home address.
If you have questions about your balance or account, contact YSA at 1-877-262-4849. Representatives are available Monday to Friday, 8 a.m. to 9 p.m., Eastern time.
Fitness Reimbursement
If you belong to a BMC onsite gym (Houston and Austin)
- Submit a copy of your final 2013 pay stub to 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 2013 receipts to YSA for membership dues or exercise classes by March 31.
To request reimbursement, log on to My BMC Compensation & Benefits and click through this path: Visit My Spending Accounts> Other Accounts>Request Fitness Reimbursement.
Find detailed instructions in this How to Request Reimbursement for Fitness Expenses step-by-step guide.