If I have a Health Care FSA in 2023 and I open an HSA for 2024, will I still have a grace period in early 2023 to spend any leftover FSA balances?

No, you must incur all 2023 Health Care FSA expenses by midnight on December 31, 2023, or your funds will be forfeited. The 2023 carryover feature is available to use only toward eligible health care expenses in 2024 if you enroll in a Health Care FSA and do not enroll in Medical Plan Option C.

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