What happens to funds at the end of the flexible spending account (FSA) plan year?

Check your plan rules for possible claims deadlines. Most plans allow you to continue to submit claims for purchases and services that you have already incurred. This period of time is called the runout period. Some plans may allow you to continue spending through a grace period or carryover. Please see your Summary Plan Description (SPD) or contact your Human Resources Department or Chard Snyder if you have questions about the details of your plan.