What if I have contributions left over in my Flexible Spending Accounts?

When you leave HPE, your Flexible Spending Account contributions generally stop after your final earnings statement, but you may still be able to use the funds in your account.

• Health Care Flexible Spending Account. You can continue to submit claims up through April 30 of the following year, provided the expenses were incurred while you were participating in the Health Care Flexible Spending Account. (Expenses incurred before you’re enrolled or after contributions cease aren’t eligible, and expenses incurred in a previous or future year can only be reimbursed from that year’s account.)
  
  You’ll have an option to extend coverage for the remainder of the calendar year by making after-tax contributions under COBRA. If you extend coverage, you can continue to submit expenses incurred after you leave HPE, as long as you’re continuing to make contributions. (Continuing your contributions is not required unless you want to extend coverage, even if you have a negative balance. Keep in mind that any year-end carryover option does not apply after you leave HPE.)
  
  Please note that if you also have a balance in the Retirement Medical Savings Account (RMSA), you can only submit expenses incurred after you leave to either your RMSA or your Health Care Flexible Spending Account. You can’t submit the same expenses to both accounts.
  
  
• Dependent Care Flexible Spending Account. Contributions stop. You can continue to submit claims for eligible expenses incurred at any time during the calendar year you leave HPE (even expenses incurred after you leave), and you will be reimbursed up to the amount of your available contributions. All claims for reimbursement must be submitted no later than April 30 of the year following the year in which the claim was incurred.

What action you need to take

• Submit all eligible expenses for reimbursement at by April 30 of the year after you leave HPE.
• Contact the HPE Benefits Center if you want to continue participation in your Health Care Flexible Spending Account by making after-tax contributions through COBRA for the remainder of the calendar year. You must elect COBRA within 60 days of when you terminate employment, or within 60 days of the date you’re notified of your COBRA rights, if later.

Additional information