An FSA, or Flexible Spending Account, is a tax-advantaged account that allows employees to set aside pre-tax dollars to pay for qualified medical expenses. Employers may offer FSAs as a benefit to their employees. FSA funds can be used to pay for a variety of expenses, including health insurance premiums, deductibles, and copayments.
The FSA rollover allows employees to carry over unused funds from one plan year to the next. This can be a valuable benefit, as it allows employees to save money on their medical expenses. The FSA rollover limit for 2025 to 2026 is $570.
