Flexible Spending Account (FSA)

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Laid Off? What Happens to Your FSA?
With thousands of people losing their job every day, many are worried about what will happen to
their health care benefits if they get laid off. While making decisions about your health care
insurance, don’t overlook your flexible spending account (FSA).
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What Happens to Your FSA If You're Laid Off
I've been contributing $200 per month to my health-care flexible spending account, but it looks
as though I might get laid off soon. Could I spend the full $2,400 that I had planned to
contribute for the year, or just the $600 that I've contributed so far?
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Lost Job, Lost Money If you've lost your job, or think
you're at risk of that happening, pay attention to any money you've been stashing away in a flexible
spending account for medical expenses. You may need to take action to avoid losing some of those
dollars. |
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25 Ways to Spend Your Flex Account
Scrambling to spend the last of your flexible spending account? Here are some suggestions.
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