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When will these 2020 plan year FSA amendments take effect?

The Employee Benefits Division has been advised that HealthEquity WageWorks’ system will be configured to reflect the changes listed above the evening of March 17, 2021. Prior to this date, their system will still be configured for a $550 carryover limit for Health Care FSAs and a grace period only for Dependent Care FSAs.

Note: Remaining 2020 plan year balance information will display in HealthEquity WageWorks’ system as being part of the 2021 account balance after April 15, 2021.