The practice in which any unspent dollars in a Flexible Spending Account (FSA) at the end of the year are forfeited and not returned to the employee is known as the

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The practice of forfeiting any unspent dollars in a Flexible Spending Account (FSA) at the end of the year is known as the use-it-or-lose-it rule. This means that employees must use the funds in their FSA by the end of the year, or they will lose them. This is a risk to consider when deciding how much to contribute to an FSA each year.

The Practice in Which Any Unspent Dollars in a Flexible