2005 IRS Extension on FSA’s (Example)
Page 42

Annual Election 2005 $1,000
Claimed as of 12/31/05 $500
Unused FSA 2005 $500
NOW you have until March 15, 2006 to incur expenses to use 2005’s money.

        Money
        **Please note** Annual election for 2006 will not be
        used until money from 2005 is exhausted or until
        March 15, 2006 which ever comes first.

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