The grace period in a flexible savings account is an extended coverage period at the end of the plan year, while a run-out ...
You’ve probably used your health flexible spending account (FSA) to pay for qualified medical expenses like prescription contact lenses, copays, and dental cleanings. But if you have FSA dollars ...
While health flexible spending accounts let you set aside pre-tax money to cover qualifying expenses, about two-thirds of employers require you to spend the money before the end of the FSA plan year — ...
Discover how FSA grace periods help you use leftover funds. Avoid losing money by understanding timelines and your options ...
FSAs can be an excellent way to save for out-of-pocket medical expenses using pretax dollars. In 2025 you can contribute up to $3,300 in an FSA, as opposed to an HSA with higher contribution limits.
SALT LAKE CITY — If you contribute to a health care flexible spending account, you could be at risk of losing hundreds or even thousands of dollars if you don't act soon. Most FSA plans operate under ...
If you contributed to an FSA, you usually must spend the money by the end of the plan year. You typically have until Dec. 31 to spend your unused FSA funds. You should act quickly to make good use of ...
If you have money sitting in your FSA, the clock is ticking. Most plans have a “use it or lose it” policy, meaning unused funds disappear at year-end. Therapy is an eligible expense, and even if ...