I elected to contribute $100 per month or $1,200 for the calendar year into a healthcare FSA. If I have $100 in my account in January, but incur a $300 expense, how much can I be reimbursed?
• In this example, your healthcare FSA will reimburse you the full $300. With a healthcare FSA, you are eligible to receive up to your election amount beginning the first day of your plan year. In other words, you do not need to have contributed your full election in order to use your full election amount.
Related Questions
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