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For the Section 125 Medical Spending Account, is March 31 the last date for getting claims paid before I lose the remaining balance?

April 26, 2017account march 31 medical paid section Spending

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For the Section 125 Medical Spending Account, is March 31 the last date for getting claims paid before I lose the remaining balance?

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For the medical spending account, claims must be incurred in 2011 (by December 31). You will have until March 31, 2012 to submit claims for expenses incurred in 2011.