learning-centerMy employer sold out to another company. now telling me that I lose everything left on my card is that legal?
Default Anonymous asked 2 months ago
1 Answers
fsaadmin answered 2 months ago

FSAs are employer-owned accounts and provided the plan meets the requirements as set forth by the IRS, plan changes are ultimately up to the employer. Acquisition arrangements can vary based on the selling and buying employer and FSA elections are typically included in that arrangement. If you have questions specific to a change in benefits based on acquisition, you’ll need to contact your HR Department or FSA administrator as FSA Store would not have access to the details of your situation.