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Support & FAQ

Healthcare FSA with Carryover

  • What happens if I have a carryover balance but I do not re-elect a Healthcare FSA?

    If you don’t re-elect a Healthcare FSA, your employer may make some options available to you, including:

    • Your carryover balance may be defaulted to a Healthcare FSA for the new plan year automatically; or
    • Your carryover balance may default to an HSA-Compatible FSA; or
    • You may forfeit your previous plan year balance rather than carry it over to the new plan year.

    Ask your employer which option applies to you.

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