Half of FSA holders forfeited funds to their employers: EBRI report
An analysis of over 3.2 million accounts also reveals increased contributions.
Americans contributed more to Flexible Spending Accounts but many forfeited funds to their employers under the ‘use it or lose it’ rule.
A new analysis of FSAs by the Employee Benefit Research Institute looked at 3.2 million accounts and how workers use them, research that it says is lacking.
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