Does the money in a Health Flexible Spending Account roll over year after year?
No, money in a Health Flexible Spending Account will not roll over year after year. Any unused contributions remaining in a Health FSA at the end of the plan year will be forfeited. However, employers may allow employees up to 90 days after the plan year (run-out period) ends to use up those funds from the previous year for expenses incurred during the run-out period.
Related Questions
- I participate in the Health Care Expense Reimbursement flexible spending account. Does money in that account roll over from year to year?
- Can I roll over my Flexible Spending Account (FSA) or Health Reimbursement Arrangement (HRA) account balance to an HSA?
- Does the money in a Health Flexible Spending Account roll over year after year?
