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