Because of the “use it or lose it” provision,many consumers have been wary to enroll in these FSAs for fear of losing their hard-earned dollars.

This week, I’ll be back in D.C. for meetings with various policy makers recommending fixes to this provision, as well as to the one that requires consumers to forfeit their unused FSA account balance at the end of the year.

Are high commuting costs and gas prices concerning you? You're not alone.

Among the alphabet soup of options available during open enrollment, there is a category of workplace benefits that provides a direct return every time an employee makes a contribution – pre-tax benefits, such as flexible spending accounts for health care, dependent care and commuting costs.