2 ms·
In the US, FSAs are legally constructed to only run for the year (1/1 - 12/31). All of the money is available to you on Jan 1; it's not accrued per paycheck. I
by brightlancer 3y ago
In the US, FSAs are legally constructed to only run for the year (1/1 - 12/31). All of the money is available to you on Jan 1; it's not accrued per paycheck.
If you spend everything in your FSA in January and quit your job, the company has to eat the loss.
(IANAL, blah blah blah)