Flexible Spending Accounts

Save with a flexible spending account

Woman standing in a bookstore Woman standing in a bookstore

Here’s how spending accounts work:

Use-it or lose-it funds

Account balances are not carried over from year to year.  This means that if you have any unused funds at the end of the plan year (or at the end of the grace period if applicable) those funds will be forfeited. So carefully estimate what you want to direct to your spending account carefully.

Explore the types of spending accounts

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