Cardon, James H.; Denning, Jeffrey T.; Showalter, Mark H. - In: Applied Economics 45 (2013) 35, pp. 4928-4939
Flexible spending accounts (FSAs) are a widely used arrangement that allow employees to pay for qualified out-of-pocket health expenses with pre-tax dollars. The original structure of FSAs included a significant forfeiture risk if households had unused funds in their accounts at the end of the...