The United States Postal Service has notified OPM that it will no longer participate in the Federal Flexible Spending Account Program (FSAFEDS) for USPS employees effective January 1, 2025. USPS employees will not be eligible to enroll in FSAFEDS during this Open Season, and your participation in FSAFEDS will end December 31, 2024. We want to make sure you are aware that as a result, your account(s) will have different deadlines than in prior years. Please see the important dates that will impact your 2024 account(s):
Eligible expenses for your Health Care FSA (HCFSA), Limited Expense HCFSA (LEX HCFSA), and Dependent Care FSA (DCFSA) must be incurred by December 31, 2024. You cannot carry over any HCFSA funds to the next plan year and will not have a DCFSA grace period, since you will not be eligible to enroll in FSAFEDS for the 2025 plan year.
All claims must be submitted no later than April 30, 2025. Any remaining funds will be forfeited.
QUEENS AREA LOCAL 1022 AMERICAN POSTAL WORKERS UNION