FSA Rollover Explained
Did you know that you can rollover up to $500 in unused funds when you open a health care flexible spending account (FSA)? It’s true.
This great feature lets you use your money when you need it with no rush to spend it by the end of the year. Simply set aside free tax money from your paycheck then use your FSA to cover thousands of eligible expenses.
Plus, if your account includes a FSA Visa card, you can use it on the spot at doctors offices, pharmacies, and even online. So why not give it a try?
With the new $500 rollover there’s never been a better time to enroll in a new health care FSA. Just sign up during open enrollment.
Please Note: Check with your Human Resources benefits representative or plan administrator to find out if the rollover feature is available on your FSA.