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What happens to account balances at the end of the Plan Year?

April 26, 2017account balances happens Plan year

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What happens to account balances at the end of the Plan Year?

1 Answer

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10 Posted

A. At the end of the Plan Year, (after the run out period of 60 days), any funds remaining in your spending accounts will revert back to your employer. It is then up to the employer on how they handle the reversion process. Q.