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 quite a lot of bills, together with medical insurance premiums, deductibles, and copayments.
The FSA rollover permits workers to hold over unused funds from one plan 12 months to the subsequent. This could be a precious profit, because it permits workers to save cash on their medical bills. The FSA rollover restrict for 2025 to 2026 is $570.