New for 2024! The City of Lynn has chosen HRC Total Solutions, LLC (HRCTS) to be the administrator for our Flexible Spending plans.
City of Lynn Plan Year: January 1, 2024 - December 31, 2024
FSA Plan Design
Plan Year Maximum: $3,200.00
Unused Funds at End of Plan Year: Rollover of $640 ($610 for 2023)
*At the end of each plan year there is a 90-day run-out period in which you can submit claims for eligible expenses incurred during the plan year.
DCA Plan Design
Plan Year Maximum: $5,000 (per household)
Unused Funds at End of Plan Year: 2.5 Month Grace Period.
The 2.5 Month Grace Period provides an additional 2.5 months at the end of the plan year to incur eligible expenses, for new dates of service. The grace period begins the day following the end of the plan year. Claims submitted during this time automatically come out of the prior year’s remaining funds.
*At the end of each plan year there is a 90-day run-out period in which you can submit claims for eligible expenses incurred during the plan year.