For faculty and staff who had a flexible spending account (FSA) through Syracuse University in 2024, the deadline to submit eligible expenses from the previous calendar year (Jan. 1-Dec. 31, 2024) for reimbursement is April 30, 2025. Additionally, up to $640 in unused funds from 2024 may be rolled over to a health care FSA for use in 2025. No funds may be carried over to the following calendar year for the dependent care account.
Health care FSAs offer tax savings on eligible health-related expenses for faculty, staff and their eligible dependents, while dependent care FSAs offer employees the opportunity to contribute pre-tax dollars to an account to help pay for daycare and related expenses for a dependent child or adult.
HealthEquity is the University’s flexible spending account vendor. Faculty and staff with questions about eligible expenses or the reimbursement process can contact the HealthEquity customer care team at 877.924.3967 (TTY: 866.353.8058). A searchable list of qualified medical expenses and dependent care expenses is available on HealthEquity’s website.
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