What happens to my FSA funds when my plan ends?

What happens to your funds depends on the “end type” of your company’s FSA plan:

  • Up to a $610 Rollover (For plan years starting on January 1 , 2023  or later): If your company offers an FSA again next year, you’ll be able to carry over up to $610 of unused funds from your current FSA. Note that this rollover is limited only to Health Care FSAs. The employer is able to designate any amount up to $610 to be rolled over.
  • Grace Period: You’ll be able to use any funds left in your FSA for two and a half months after it ends.
  • Use-or-Lose: You’ll lose any funds left in your FSA after your current plan ends.

You can see your FSA plan’s end type in your Flexible Spending Account app. Simply click on the app from your dashboard and look for one of the above end types under Benefits Summary.

Regardless of your plan’s end type, you’ll have a 90-day runout period after your FSA ends, which allows you to submit claims for any expenses you incurred during your FSA plan period.

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