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FSA Termination and End of Plan Year 2 min
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FSA Termination and End of Plan Year
This course will explain the rules of FSA after employment and at the end of the plan year.
Welcome to FSA Termination and End of Plan Year!
An FSA is a pre-taxed benefit allowing employees to allocate pre-tax dollars to pay for eligible health and dependent care expenses. By using FSA, employees can save up to 40% on these expenses.
Who should take this course?
Any user who are eligible to enroll in an FSA
Topics we'll cover include:
- What happens to my FSA after I leave the company?
- What happens to my FSA at the end of the plan year?
- FSA End Types.
- IRS rules on leftover funds.