When it comes to your Health Spending Account (HSA) or Wellness Spending Account (WSA), understanding timelines and how funds work is essential to ensure you maximize your benefits. One common question is: How do I check my Grace Period?
What is the Grace Period?
The Grace Period is the timeframe after the start of a new benefit year during which you can submit any outstanding claims from the previous year.
However, it’s important to know that once the Grace Period ends, any unused reserve funds will expire.
How Can I Check My Grace Period?
To view your Grace Period:
Log in to your account.
Navigate to the Plan Details section of your account:
Look for information about your Grace Period timeline, which will specify the exact number of days you have!
By regularly checking your dashboard and staying informed about your plan details, you can ensure you don’t miss out on submitting eligible claims during your Grace Period.
Don’t wait until the last minute—review your claims and plan your submissions today!