Benefits Think How to use up FSA funds before the end of 2023

Published 5 Min Read

Karolina Grabowska from Pexels

Use it, or lose it? 

As 2023 draws to a close, many employees find themselves in a familiar predicament — with unused Flexible Spending Account (FSA) funds. FSAs are a valuable benefit that allow employees to set aside pre-tax dollars for eligible healthcare expenses, yet a significant portion of these funds often goes unspent at the end of each year, leaving both employers and employees wondering if there’s a better way to leverage this resource.

Brian Lacher
CEO

Brian Lacher is a partner at Nava Benefits.


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