ASEA AFSCME Local 52 Health Benefits Trust is in Alaska

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The COVID-19 Relief Bill temporarily allowed for the full amount of your unused HCRA balance from the 2020/2021 Plan Year to automatically roll over to the current Plan Year (2021/2022).

Remember, however, the IRS "use it or lose it" rule that limits the amount of money you can roll over from year to year applies to any unused funds at the end of the 2021/2022 Plan Year. You will only be allowed to roll over up to $550 of unused funds from the 2021/2022 Plan Year. Any unused funds over $550 at the end of the 2021/2022 Plan Year (June 30, 2022) will be forfeited to the Health Trust and will be used to offset the administrative expenses of the Plan.

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