When will the remaining prior plan year FSA funds carryover into the new plan year?

They will be available on the first day of the new plan year unless you enroll in a Health Savings Account. Which will require your funds to carry-over into a limited purpose FSA. If this occurs, your funds will be available at the end of the current plan years run-out period.

Skills

, , ,

Posted on

September 15, 2021

We’ve been innovative leaders in providing full-service administration of consumer-driven and traditional account-based plans since 1996.

Our solutions and interactive customer support team are all centered around one goal: helping you help your clients.

Our History
Careers
Our Culture and Leadership

Here you will find details for all our solutions as well as FAQs, forms and guides, eligible expenses and videos.

Resources for Participants
Resources for Employers
Resources for Partners

We’re always
here to help.

Can an Employee Drop a DCAP Election Midyear If Free Childcare Becomes Available?

Can an Employee Drop a DCAP Election Midyear If Free Childcare Becomes Available?

Question: One of our employees would like to drop his DCAP election under our calendar-year cafeteria plan because a neighbor ...

Follow Us On Social Media