Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

May I carry-over my unused HCRA account funds after Dec. 31, 2011, since the incentives are being deposited in July of 2011?

April 26, 2017account carry-over dec. 31 2011 deposited funds hcra incentives july of unused

0

Posted

May I carry-over my unused HCRA account funds after Dec. 31, 2011, since the incentives are being deposited in July of 2011?

1 Answer

0

Posted

A. No. The plan does not allow you to receive any unused money left in your account at the end of 2011. This means any of your incentive dollars that are not used before Dec. 31, 2011 are forfeited. Employees are encouraged to plan accordingly, should you want to use your HCRA dollars during that six-month period in the latter half of 2011.