You may file a claim for reimbursement after you or your dependent receives the eligible services. You may claim up to the amount you have already contributed to the account at the time your claim is made.

Filing a Claim
The reimbursement process is easy. Just complete and sign a simple claim form provided by the University's external claims processor (forms are available at http://www.myshps.net or from this Web site) and include a receipt or itemized bill. Please refer to the reverse side of the claim form for additional filing instructions and all other information regarding the required supporting documentation. You can mail or fax your claim.

• Mail your claim to SHPS at:
  SHPS FSA Processing Center
  P.O. Box 34740
  Louisville, KY 40232
• Fax your claim to SHPS toll-free by calling 1-877-270-3922. The fax number dials into a document scanner so that the claim is immediately in SHPS system. Faculty and staff members faxing their claims may keep the originals.

You can submit claims for 2007 until May 31, 2008. SHPS processes claims daily to ensure prompt reimbursement. If the expenses are eligible and all necessary documentation has been provided with your claim form, your claim should be paid within ten business days from the date it is received by SHPS.

SHPS offers a wide variety of information at http://www.myshps.net which enables you to easily:

• Use the interactive worksheet to wisely estimate your expected out-of-pocket expenses and thus calculate your optimal annual contribution and your potential tax savings;
• Find general information about Flexible Spending Accounts or more specific information about eligible expenses and how to file claims;
• Receive specific information about your own account by viewing your account balance and claim history and other information via a secure and confidential log-in screen.

You may also call the SHPS AccountLINK phone system at 1-800-678-6684 to check your account balance and determine when your last claim was paid.

If you wish to enter the University of Michigan participant section on the SHPS web site, you will need to type the address into your browser rather than link to their site from the Benefits site. The address is http://www.myshps.net.

Other Important Guidelines
Submit your dependent care claim after services have been provided. If the expenses are eligible, all necessary documentation has been provided with your claim form, and contributions accumulated in your flexible spending account are equal to or greater than the amount of your claim, you should be reimbursed within ten business days from the date the claim is received by SHPS.

Documentation that does not contain all the required information will be returned to you and may delay your reimbursement. For example, do not submit cancelled checks or statements showing only the previous balance, amount paid, or balance due.

Federal Form 1040
Amounts you contribute to a Dependent Care Account will be reported on your W-2 Form. Complete and file an IRS Form 2441 (PDF) with your federal income tax return.

Electronic Fund Transfer (EFT)