In our last blog, we covered how a Flex Spending Account, or FSA, works. While it’s important to be thinking about how to use FSA dollars as you set up an account and throughout the year, many people find that they have leftover FSA dollars as the end of the year approaches. FSA money expires…
There are still several weeks left until the end of 2016, but the countdown to New Year’s Eve has already begun for those of us who have a flexible spending account, or FSA. While these accounts can help stretch dollars, FSA account holders need to understand how this type of account works – and that…
Use It. Don’t Lose It.
Use Your FSA Health Benefits Dollars before December 31.
If you participate in a Flexible Spending Account (FSA) through your employer’s “Cafeteria Plan” benefits program, time may be running out. Some plans require the money you contributed to be spent by December 31, or you risk losing it.