In the realm of personal finance, a Flexible Spending Account (FSA) offers a tax-advantaged way to save money for qualified medical and dependent care expenses. The 2025 FSA rollover provision is a crucial aspect of FSA management that allows unused funds from one plan year to be carried over to the next.
The importance of the 2025 FSA rollover cannot be overstated. It provides individuals with greater flexibility and control over their healthcare expenses. By allowing unused funds to be rolled over, individuals can accumulate savings over multiple years, ensuring they have adequate financial resources to cover unexpected or substantial medical costs. Moreover, the rollover provision encourages proactive healthcare planning and cost management.