How do I get my remaining balance if I was fired?

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  • If you were fired or resigned mid-year you may be offered COBRA for your Medical FSA if you have contributed more money into your Medical FSA than you have been reimbursed (see example scenarios below). If you elect COBRA for your Medical FSA you will make after tax payments each month into your FSA extending the period during which you can incur claims.

    First example:
    You are fired on 3/29/2013
    Annual Election of $1,200 in your Medical FSA
    Year-to-Date deductions of $300
    Reimbursements of $250.

    You should be offered COBRA for your Medical FSA in this scenario because you have had deductions of $300 but have only been reimbursed $250, leaving a difference of $50.

    Second example:
    You are fired on 3/29/2013
    Annual Election of $1,200 in your Medical FSA
    Year-to-Date deductions of $300
    Reimbursements of $400

    You will not be offered COBRA in this scenario since you have already been reimbursed more money ($400) than has been deducted from your paycheck ($300).
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