What is a run-out period?
Account funds typically expire after a set period, determined by your employer. Some accounts include a run-out period that allows additional time to submit claims. Refer to your company’s program policy for details.
If your employer offers a run-out period, you’ll have additional time to submit claims for expenses incurred during the previous period, even after it ends. Keep in mind that claims are based on the receipt date, so be sure to submit receipts dated within the eligible period.
How can I tell if I have run-out funds available?
To view any unused balances eligible for a run-out period, log in to your Forma account and navigate to Benefits. Select the relevant account, then click Show unused balances from prior period. A pop-up will appear displaying your remaining balance and the run-out period details.
Note: You’ll only see this option if you still have unused funds and your employer includes a run-out period in your program.
Example:
Your Forma account resets quarterly, and your company provides a 30-day run-out period. On October 1, your $180 balance from the previous quarter expires.
On October 20 (or any time between October 1–30, 2025), you submit a claim for a $100 expense that was incurred during the previous quarter. If approved, the reimbursement will be drawn from your remaining balance from last quarter, not from your new quarterly funds.
How do I file a claim during a run-out period?
Follow the standard claim submission process. For more information, see How do I submit an employer-sponsored claim for reimbursement?
As long as you’re filing the claim during the run-out period, Forma will automatically use the balance from the previous period.