Reply to I got laid off today - FSA Question // Anyone here in HR?

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Reply to "I got laid off today - FSA Question // Anyone here in HR?"

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[quote=Anonymous]So, I got some bad news this morning from my boss that I am being laid off, effective today.  Big bummer to start off the New Year.  I am going to process my feelings later but I have a financial question so hoping that this is the right place where I can get a clear cut answer.

I signed up for $3k in my FSA for 2023.  Can I spend all of that money ($3k) today and seek a reimbursement?

There is a termination document that covers FSA expenses that I received from HR that says:  [b]You will be able to submit claims incurred prior to your termination date until the end of the grace period (90 days)[/b]

In reading that statement, I interpret that to mean that I can only seek reimbursement for expenses that I incurred before today (Jan 3, 2023 is my termination date).  Can someone who is knowledgable about these types of events let me know if I can make a $3k purchase on my termination date and qualify for reimbursement? Or did I miss out on using my FSA because I did not buy anything FSA related on Jan 2, 2023?[/quote]

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