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Ask the Experts: Dealing With FSA Carryover Funds | Ohio Benefit Advisors

Question: If an employee has a smallĀ health flexible spending account (FSA) balance with a carryover to the next year, and the employee chooses not to participate in the new FSA year, can the employer force the employee to use those funds so as not to incur additional administrative fees in the next plan year? Answer: … Continued

IRS rule allowing flexible spending account carry-overs has pros and cons for employers

Change will reduce year-end buying rush but halt expenses offset. Read full article…

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