What happens if I don't use my FSA funds?
An example of an AI chatbot conversation about FSA funds and their expiration.
What happens if I don't use my FSA funds?
If you don't use your Flexible Spending Account (FSA) funds by the end of the plan year, you typically lose them.
Is there any way to extend the deadline for using my FSA funds?
Some employers offer a grace period or allow you to carry over a limited amount to the next year. Check your plan details.
What can I use my FSA funds for?
You can use FSA funds for eligible medical expenses like co-pays, prescriptions, and certain over-the-counter items.
What should I do if I have leftover funds?
Consider scheduling medical appointments or purchasing eligible items before the deadline to avoid losing your funds.
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