What if there is money left in my Flexible Spending Account(s) at the end of the Plan Year?
A. Any money left in your Flexible Spending Account(s) at the end of the Plan Year is forfeited to your employer. APA Partners provides Quarterly and End-of-Year Account statements to help you keep track of the status of your Account(s). You will receive information with each reimbursement check on the Account(s)from which you were reimbursed. In addition, APA Partners encourages all of its participants to be conservative in their elections, especially during the first Plan Year.
Related Questions
- I participate in the Health Care Expense Reimbursement flexible spending account. Does money in that account roll over from year to year?
- What if there is money left in my Flexible Spending Account(s) at the end of the Plan Year?
- Does the money in a Health Flexible Spending Account roll over year after year?