Flexible Spending Account (FSA)

WEX, Inc

Mailing Address:

WEX Benefits

P. O. Box 2926

Fargo, ND 58108-2926

Deadline to apply for FSA reimbursement of expenses incurred for the Plan Year 2024 (January – December) with WEX Benefits: March 31, 2025.
For plan year 2024, you can carryover up to $610 unused fund in Health Care Account into plan year 2025. The Healthcare FSA annual contribution limit is $3050 in 2024. The Dependent Care FSA contribution limit is $5,000 per household.
Failure to incur expenses within the plan year or to submit claims for reimbursement by the deadline will result in a forfeit of the balance of the account(s) per IRS regulation.
Rollover amount is not applicable for FSA Dependent Care Account. It is a use-it-or lose-it program.
Rollover amount will be forfeited upon termination of employment
Terminated employees are not eligible to receive funds rollover, it is forfeited. Terminated employees must submit FSA claim form within 90 days from the last day of active coverage. Your FSA Debit Card will be suspended.
FSA program is administered in accordance to the IRS tax codes. Neither WEX, Inc(formerly known as Discovery Benefits) or FHDA has the authority to make any exception to this IRS rule. It is your responsibility to meet the deadline by serving appropriate documentation to WEX, Inc for claims adjudication.