FSA extensions are almost over — here’s what to know

Published 4 Min Read

Man looking at health items holding money, deciding how to spend FSA savings
Visualization created with AI assistance based on original reporting.

  • Key insight: Discover how FSA deadline nuances significantly affect employee benefit utilization and retention.
  • What’s at stake: Missed deadlines can mean material forfeitures and reduced perceived value of benefits.
  • Supporting data: Average annual FSA forfeiture exceeds $450.
  • Source: Bullets generated by AI with editorial review

All flexible spending accounts (FSAs) have a use-it-or-lose-it structure, but deadline details vary. Making sure employees understand theirs will help them avoid leaving money on the table

Lee Hafner
Editor

Lee joined the EBN team in 2022, and covers areas including caregiving, employee health and wellness, healthcare innovation, and company culture. She created EBN's popular Benefits in Action and … Read full bio


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