Combination FSA funding

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills.
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Topic Author
vas
Posts: 455
Joined: Thu Mar 06, 2014 11:51 am

Combination FSA funding

Post by vas »

The total election amount of a Combination FSA may be spent on January 1st. The contributions are collected over the course of the year via pay role deduction. Who funds disbursements when they get out ahead of contributions? What happens if someone leaves employment with more funds disbursed than contributed?
“For every complex problem, there is a solution that is clear, simple, and wrong.” - H. L. Mencken
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