An FSA, or Versatile Spending Account, is a tax-advantaged account that permits workers to put aside pre-tax {dollars} to pay for certified medical bills. Employers might provide FSAs as a profit to their workers. FSA funds can be utilized to pay for a wide range of bills, together with medical health insurance premiums, deductibles, and copayments.
The FSA rollover permits workers to hold over unused funds from one plan yr to the subsequent. This generally is a useful profit, because it permits workers to save cash on their medical bills. The FSA rollover restrict for 2025 to 2026 is $570.
