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Author: snippee Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121095  
Subject: Re: FSA Frustration Date: 5/13/2008 6:30 PM
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I have a flexible savings account that will have over $1000 left sitting in it on June 30.


Is this the end of your FSA's fiscal year or something? All the FSAs i'm familiar with (admittedly not very many) run on a calendar year, January through December.

A recent development in our FSA (and those of several friends as well) is an additional grace period to accrue expenses in the following year. That is, for our 2008 FSA contributions, we can get reimbursed for expenses incurred up to March 15, 2009. Check to see if that's the case with your plan - perhaps you have a total of 8.5 months to spend that thousand bucks.
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