What happens to my account balance if I don’t use all the money deposited for the current Plan Year?
Under current IRS regulations, any amounts left in either your Health Care FSA or Dependent Care FSA and not used by the end of the year will generally be forfeited. You must “use it or lose it” unless your plan allows for a one time rollover of Health FSA funds to a Health Savings Account. See your employer or plan document for details.
