Don’t Forget to Empty Out Your Flexible Spending Account
DECEMBER 3, 2023
If you have a tax-saving flexible spending account (FSA) with your employer to help pay for health or dependent care expenses, there’s an important date coming up. You may have to use the money in the account by year-end or you’ll lose it (unless your employer has a grace period). This amount will be increasing to $3,200 in 2024.