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IRS modifies FSA use-it-or-lose-it rule
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 132
Abstract: Although Health Flexible Spending Account (FSA) contributions left over at the end of a plan year are forfeited to the employer under the “use-it-or-lose-it rule,” this brief article notes that the IRS has softened the rule.