Active employees can usually submit eligible expenses at any time during the current plan year. If you've left your employer, expenses incurred during your employment must be submitted before your last day or during your employer's run-out period, if one is offered.
Rules may vary for your specific benefit, so it's best to always confirm in the app or with your team.
If you're unsure whether your purchase date is eligible, the reimbursement form will let you know before you submit whether the date falls outside your benefit's allowed spending period.
Why?
The amount of time you have to submit an expense depends on your benefit type and whether you're still employed.
Pre-tax benefits, such as flexible spending accounts and commuter benefits, follow IRS rules and have specific plan year dates.
You can submit eligible expenses incurred during the plan year at any time during that plan year. Depending on your employer's plan, you may also have a run-out period or grace period that gives you extra time to submit expenses after the plan year ends or after leaving your employer.
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Lifestyle benefits generally require purchases to be made while the benefit is active. Unless your benefit says otherwise, eligible purchases can usually be submitted during the current or previous calendar year.
We recommend submitting expenses soon after making a purchase so you don't miss any deadlines.
Keep in mind: Benefit funds expire based on your plan's rules and can't be recovered after they expire. You can review your benefit's expiration date in the Benepass app.
In most cases, any remaining lifestyle benefit funds also expire when you leave your employer.