flexible spending accounts

1. October 16, 2023

   Open Enrollment for 2024 benefits runs through Oct. 27

   Benefits-eligible faculty, staff, retirees and graduate students can change their U-M benefits for the coming year during Open Enrollment, which is underway and continues through 5 p.m. Oct. 27.

2. October 17, 2022

   Open Enrollment for 2023 benefits continues through Oct. 28

   Faculty, staff, retirees and benefits-eligible graduate students can change their benefits during Open Enrollment, which is now underway and continues through 5 p.m. Oct. 28.

3. January 17, 2022

   2021 FSA spending deadline extended through Dec. 31

   The university has extended the deadline to Dec. 31 for faculty and staff to use pre-tax funds set aside through their 2021 flexible spending accounts.

4. November 16, 2021

   Expert answers questions about health care spending accounts

   U-M offers faculty and staff the opportunity to pay for eligible health care expenses with pre-tax dollars using a health care Flexible Spending Account, which allows employees to have a set amount taken from their pay before taxes.

5. March 10, 2021

   2020 FSA spending deadline extended until end of 2021

   U-M has extended the deadline for employees to use pre-tax funds set aside through their 2020 flexible spending accounts to Dec. 31. The extension is possible because of federal legislation passed late last year.

6. August 25, 2020

   Open Enrollment for 2021 benefits includes new health plan option

   Faculty, staff, retirees and benefits-eligible graduate students may change their benefits during the once-a-year Open Enrollment that runs Oct. 19 through 5 p.m. Oct. 30.

7. February 24, 2020

   Campus briefs

   Deadline is March 15 for spending money left in 2019 Health Care FSA University of Michigan employees who have money remaining in their 2019 Health Care Flexible Spending Accounts still have a few weeks left to spend it. FSAs are regulated by the Internal Revenue Service and the rules allow a grace period from Jan.…
8. February 17, 2020

   Leftover FSA money can be spent until March 15

   U-M employees who have money remaining in their 2019 Health Care Flexible Spending Account have until March 15 to incur eligible expenses and spend down their 2019 FSA balance.

9. October 21, 2019

   Open Enrollment for 2020 benefits running until Nov. 1

   U-M faculty, staff and retirees can change their benefits during open enrollment, which is now open and continues until 5 p.m. Nov. 1. The changes and new rates take effect Jan. 1, 2020.