What happens to unused flex spending account money?

What happens to unused flex spending account money?

In typical years, any unused money in your FSA at the end of the plan year is forfeited unless your employer gives you a 2.5-month grace period to spend the money. For health-care FSAs only, some employers allow you to carry over a certain amount (up to $550 for 2021) into the next year. Dec 22, 2021

See also  What is deductible protection health insurance?