Question: As a general rule, amounts contributed to an FSA that are not used by the end of the plan year are: a . taxed as

As a general rule, amounts contributed to an FSA that are not used by the end of the plan year are:
a. taxed as ordinary income
b. forfeited
c. penalized with a 10 percent penalty
d. received as tax-free income
Under the rollover allowance for FSAs, what is the maximum amount of an individual's FSA balance that can be rolled over into the new plan year?
a. $250, indexed
b. $500, indexed
c. $750, not indexed
d. $1,000, not indexed
As a general rule, amounts contributed to an FSA

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