March 31 is deadline to submit, substantiate 2024 FSA, LPFSA, DCFSA, HRA claims 

Human Resources is reminding Purdue employees who used 2024 flexible spending accounts — which include health care flexible spending accounts (FSAs), limited purpose flexible spending accounts (LPFSA) and/or dependent care flexible spending accounts (DCFSA) as well as health reimbursement arrangements (HRA) ­— that the deadline to submit claims for reimbursement is March 31. Any funds remaining in accounts after March 31 will be forfeited.

Additionally, the IRS requires that all health care and limited purpose flexible spending account claims be substantiated with supporting documentation that meets certain requirements. This means any flexible spending account purchase made on your HSA Bank card must be verified as an IRS-qualified medical expense. Because FSA funds consist of pretax dollars, these dollars must be taxed if the purchase is not verified as an eligible expense. Employees will have until March 31 to submit supporting documentation for any outstanding unsubstantiated FSA purchase incurred in 2024. Any FSA claims that are not substantiated by the deadline will result in the amount being added to your 2025 W-2 as imputed income and taxed accordingly to stay compliant with the IRS.

Employees needing to submit a claim can use the HSA Bank Reimbursement Request Form or may file a claim online at www.hsabank.com or through the HSA Bank app: log in, click or tap “File a Claim,” select the account and follow the prompts to submit supporting documentation and enter the claim details.

Resources

The following resources are available:

• Health Care Flexible Spending Account (FSA)
• Dependent Care Flexible Spending Account (DCFSA)
• Limited Purpose Flexible Spending Account (LPFSA)
• Health Reimbursement Arrangement (HRA)
• IRS Qualified Medical Expenses
• Reimbursement Request Form
• HSA Bank Receipt Request.pdf(Tips for substantiating claims)
• Claim Reimbursement (Purdue) (How to submit a claim for reimbursement)

Questions

Questions regarding unsubstantiated claims should be directed to HSA Bank at 800-357-6246 or go online at www.hsabank.com to substantiate an FSA claim.

Questions regarding tax should be directed to a tax advisor or HSA Bank.

General questions can be directed to Human Resources at 765-494-2222 or via email at hr@purdue.edu.