What happens if I do not use all of my money in my FSA before the end of the plan year?

IRS rules currently state that any unused money in your FSA at year-end will be forfeited and returned to your employer; however S & A, Inc. specialists will take the time to help you manage your account at year-end, providing you with options you probably haven’t thought of. Please do not hesitate to call for assistance. The IRS allows 90 days after the end of the plan year to submit claims from the prior plan year. (Note: This rule is currently being debated in Congress, and the result will be reported as soon as determined.)

 


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