Are there individuals who should not participate in the flexible spending account program?
Yes, employees who wouldn’t want to participate include those nearing retirement (3 to 5 years out), employees who don’t have eligible expenses for these programs (no dependent day care, less than $300 in miscellaneous medical, dental and vision expenses, etc.) and those who, for a number of reasons, may want to report the highest gross salary possible (i.e., for loan purposes, disability issues, etc.).
