Health Care FSA Carryover Q&A for Funds Carried Over from 2018 to 2019

Updated: January 2019

You can carry over up to $500 of unused Health Care FSA funds from the current year to the next plan year. If you’re enrolled in a Health Care FSA, you might have questions about how this affects you. We answer common questions below.

Q. Does the amount carry over even if I didn’t enroll in a Health Care FSA for 2019?

Yes. Please see the question below about when the carryover funds will be available to you.

Q. Does the carryover affect the $2,650 limit for 2019?

No. You can contribute the full $2,650 for 2019 and still have up to $500 of unused money carry over. Note that the carryover will be added to your 2019 account even though Your Benefits Resources will show only your 2019 election amount.

Q. When can I use the carryover funds?

The carryover funds will be available to you after the 2018 run-out period ends March 31, 2019, and all the 2018 claims have been processed.

Q. What happened if I had more than $500 in my account at the end of 2018?

You forfeit any money in your Health Care FSA over $500. For future reference, the deadline to incur expenses is Dec. 31, and the deadline to submit your expenses is March 31 of the following year.

Q. I enrolled in the HSA option for 2019. Did that affect my Health Care FSA carryover funds? 

Yes. If you enrolled in a Health Savings Account (HSA) for 2019, your carryover funds will be “limited purpose.” That means the money may only be used for vision and dental expenses until your medical deductible is met. Once your medical deductible has been met, you can use your Health Care FSA money (including the carryover) for medical expenses, too. Note that if you enroll in the HSA option, you will not be eligible to use the FSA debit card.

Q. Does the carryover apply to Dependent Care FSAs?

No, the carryover is strictly related to Health Care FSAs.

If you still have questions, please visit EmployeeConnect or call the Rockwell Automation Service Center at 1.877.687.7272, Monday – Friday, 8 a.m. – 4 p.m. Central Time.

Published: January 2, 2019