When Does My FSA Expire?
Most Flexible Spending Accounts (FSAs) operate on a calendar year basis, with funds expiring on December 31, 2026. However, your employer may offer one of two extensions:
Grace Period
Some plans offer a grace period of up to 2.5 months (through March 15, 2027) to use remaining funds from the previous plan year.
Carryover
Other plans allow you to carry over up to $640 of unused funds into the next plan year.
Important: Your plan can offer a grace period OR a carryover, but not both. Check with your plan administrator to find out which applies to you.
What Happens to Unused FSA Money?
Under the “use it or lose it” rule, any FSA funds you don’t spend by your deadline are forfeited back to your employer. This is why planning ahead matters.
Don’t Lose Your Money
Use our balance spend-down tool to get personalized product recommendations based on your remaining balance.