Hey everyone, 

I need some advice, I left my job for a promotion at another company. I have never switched jobs before so those 2 weeks flew by and I didn't really know what I was doing. My final day at my previous employer was 7-24-19. I recieved a letter in the mail today that I was no longer eligible to use my FSA. Is that money that I literally just lose, any suggestions on what I can possibly do to utilize that money at this point? I hadn't realized the FSA was different than my HSA (which if I understand correctly that is mine to keep no matter what). This is all so confusing, anyone with any advice would be highly appreciated, thank you in advance! 

Original Post

I don't know much about this topic but I did find this article online that does a good job of explaining things.


Basically, in most cases the money in your FSA goes back to your previous employer and can't be used after you have left your job.

The only chance it looks like that you would be able to use it still is if "you are eligible for and choose COBRA continuation coverage" according to the article.

Yes, if you don't use them you will end up losing the money in there. You can use the money towards the medical items. You can also go to FSAstore.com. They also have the Eligibility List. It's the Information of the list of items you can buy with your FSA money. Hope this helps you out.

Flex savings accounts are use or lose. I believe I had until the end of the month in which I left to use my balance. So you may want to contact your former HR department or log into your account online to see if you still have access to the money and until when. 

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