Summary
It looks like efforts by the Senate Finance Committee to change the "use-it-or-lose-it" rule governing flexible spending accounts may be stalled indefinitely because of competition from health spending accounts. If the FSA use-it-or-lose-it rule is eliminated, HSAs could lose much of their allure, says Andy Anderson, an attorney who specializes in health spending accounts at Hewitt Associates. He may be right: Treasury Secretary John Snow estimates that the number of HSAs would be reduced by 10 percent if the rule were changed.
See the full content of this document
Extract
Hsas Undermine Push to Allow Fsa Rollovers
IT LOOKS LIKE EFFORTS by the Senate Finance Committee to change the "use-it-or-lose-it" rule governing flexible spending accounts may be stalled indefinit...
See the full content of this document
Sponsored links
