Health FSA reimbursement deadline

[Guest calcu]

Is there a statutory deadline by which employees much submit claims for reimbursement after the plan year closes? Or is this simply a deadline arbitrarily set by employers? In most instances, it seems as if companies use 90 days, but is this just an industry standard of is this an IRS rule?

Any guidance is greatly appreciated!

[g8r]

There is no IRS rule. Assuming the expense was incurred during the applicable period, you can allow a claims period (often referred to as a run-out period) as long as you want. Of course from a practical view, you want to have some finality to a period of coverage and that's why you see a period such as 90 days.