Follow Us
© 2026 Arizent. All rights reserved.
Although generally a highly rated and highly valued benefit, one of the most irksome realities of flexible spending accounts is that account holders must drain the funds at the end of every plan year or lose them altogether. However, a bipartisan Senate proposal aims to end the FSA “use it or lose it” rule.
Well, I guess the gridlocked way the debt ceiling talks are going, something ought to be bipartisan. Sheesh.
For reprint and licensing requests for this article, click here.
Employer-provided home-saving accounts and educational resources can help workers achieve an increasingly elusive milestone in the current affordability crisis.
Expansion of savings vehicles, along with the largest transfer of wealth in U.S. history, bodes well for plan participants as advisers shift to offering ongoing financial guidance.
Health savings accounts continue to expand as more workers invest contributions, even as perplexity around eligibility and account rules continues.
Extended time between benefits sign-up and use, as well as overwhelming information, can render communication useless.
The Department of Labor issued a safe harbor rule protecting benefit leaders as they navigate the added risk to retirement planning.
