FSA Plan Forefeiture Minimization

[Guest kjhgwh]

What communications and/or education pieces work at your company to minimize FSA plan losses from those employees who spend all their FSA monies, then leave the company during the year before all contributions have been made?

[Ron Snyder]

After the end of the plan year, we send a year-end report showing funds contributed and spent and how much they forfeited. Our forfeitures are used by the company to fund vacations for the management group, so we don't distribute any materials to participants.