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It’s really simple. End of year I submit a claim through Inspira for my contribution balance and upload my annual daycare charges. They send the payment to my bank account within a few days.
One year I forgot to do it and missed the FSA cutoff by three days. Thought I had pissed away $2400 but submitted the claim just in case. They still sent the money which I was very grateful for.
The Learing Center.
Rising Star
Which daycare benefit, bright horizons?
I assume you are referencing the pre-tax contribution to your dependent daycare account that gets taken out from your paycheck.
If this is the case, then here’s the answer… The money goes into a dependent daycare account managed by Inspira. You will need to log into your Inspira account and you will see that money reflected in there. You can file a reimburse claim for up to the amount that has accumulated in the account by submitting a copy of your daycare invoice (there are some specific info requirements that need to be visible on the invoice- check inspira’s guide). Once you file the claim, Inspira usually processes it within about a week and you will either get a physical check or an ACH transfer into your account (depending on what you choose upon filing the claim).
Awesome, thank you!