Sponsored Content by Aflac
With the end of year right around the corner, many employees are thinking about the upcoming holidays and what they need to get done before the new year starts. Whether they’re focused on booking holiday travel to visit family, finding the best deals on gifts, or thinking about their New Year’s resolutions, employees likely aren’t thinking about one thing — their benefits.
One aspect of benefits often overlooked by employees is flexible spending accounts (FSAs). While this is a valuable benefit for workers, the money in an FSA must be used by a specific day or the remaining money is lost. For many employees, this tax-free income is wasted when FSA holders don't spend all their funds or fail to submit expenses to be reimbursed.
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