Whitman College's Flexible Spending Account for Medical and Dependent Care beginning 2020

New feature for 2020 health care elections - $500 carry-over

If electing to take advantage of the Flexible Spending Plan a new FSA Election Form must be filled out yearly.  In 2021, the 2.5 month grace period is being replace with a $500 carry over.  The 2020 FSA plan will only reimburse for expenses that are incurred during 2020. If you have a balance remaining, you will be allowed to carry-over up to $500 into the 2021 plan year and any amount over $500 will be forfeited.


General Information