Carryover is an option for Healthcare FSAs that became available in 2013. The carryover option lets you carry over up to $500 remaining in your account from one plan year to the next. You don’t have to worry about losing money left unspent in your account at the end of the plan year, or the end of a run-out or grace period. A Healthcare FSA with Carryover minimizes your “use it or lose it” risk.
To find out if you have a Healthcare FSA with Carryover, log into your WageWorks account
or ask your employer. Browse the Healthcare FSA with Carryover FAQs below for more information.