What is a run-out period?
FSA funds typically expire at the end of the plan year, meaning any unused money is forfeited. However, some employers provide a 'run-out period' to help you avoid losing those funds.
A run-out period is additional time after the coverage period ends, allowing you to file claims for expenses incurred during the coverage dates. Keep in mind that while the run-out period gives you extra time to submit claims, the expenses must still have been incurred during the coverage period.
Example
Let’s say your employer offers a 90-day run-out period for your 2026 FSA. On January 1, 2027, your 2026 balance from the previous year expires.
With a 90-day run-out period, you can continue to submit claims through March 31, 2027. This means that if you have eligible FSA expenses incurred during the 2026 plan year, you can still submit those claims during the run-out period and be reimbursed from your 2026 FSA balance.
How do I check to see if I have a run-out period?
To see if your employer offers a run-out period, check the FSA benefit details in your Forma account and look for the last day to submit claims. If the last day to submit claims is later than the coverage end date, that indicates a run-out period.
On the Web
On the mobile app
What is (and isn't) the process to spend down my run-out funds?
You can file a claim during the run-out period just like you would normally. Simply select last year's FSA account from the dropdown menu—you’ll have the option to choose either the current or the previous FSA plan year. If you’re within the run-out period, be sure to select the previous plan year to use any remaining funds.
Please note that you cannot use your Pre-tax Forma Card to access run-out funds. Learn more: Can I use my pre-tax Forma card for last year's expenses?