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Exam term

Use-or-lose rule

The FSA feature under which amounts not spent by the end of the plan year are generally forfeited, absent a permitted grace period or carryover.

Lessons that use this term

  • Consumer-directed health accounts: FSA, HDHP/HSA, and HRA Florida
  • Consumer-directed health accounts: FSA, HDHP/HSA, and HRA New York
  • Consumer-directed health accounts: FSA, HDHP/HSA, and HRA Texas

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