The federal government is considering whether it should scrap the “use it or lose it” rules associated with the tax-free health care spending accounts known as FSAs. This would result “in the end of what is often considered one of the most burdensome restrictions on FSA accounts: employees must spend all of the money they put aside for health purchases before the end of the year or forfeit that balance to their employer.”
http://www.govexec.com/pay-benefits/2012/08/treasury-may-revamp-flexible-spending-account-rule/57375/
Comments are closed.