FSA Use-It-or-Lose-It Calculator

Calculate how much FSA money you risk forfeiting and what you need to spend per month to use it all before your plan year ends. See the tax value at stake and eligible spending ideas.

Mathematical Audit

FSA Use-It-or-Lose-It Formula

The calculator identifies remaining FSA balance, determines how much is at risk of forfeiture after accounting for rollover or grace period provisions, and calculates the tax value of that forfeited amount.

Remaining Balance = Annual Election − Amount Spent to Date
Rollover Protected = min(Remaining Balance, IRS Rollover Limit) — if rollover enabled
Amount at Risk = Remaining Balance − Rollover Protected
Required Monthly Spend = Amount at Risk ÷ Months Remaining (including grace period)
Tax Savings at Risk = Amount at Risk × Combined Tax Rate

2025 Health FSA limit: $3,300. Dependent Care FSA limit: $5,000 ($2,500 if married filing separately). Grace period adds 2.5 months. Rollover limit for 2025: $660 for Health FSA.

Operational Guide

How to Use the FSA Use-It-or-Lose-It Calculator

1

Select your FSA type

Health FSA covers medical, dental, and vision expenses. Dependent Care FSA covers childcare and adult dependent care.

2

Enter your annual election

This is the amount you elected to contribute for the plan year from your paycheck.

3

Enter how much you've already spent

Check your FSA debit card or account portal for the amount used year-to-date.

4

Enter months elapsed in your plan year

Most plan years run January–December, but some employer plans start on different dates.

5

Check if your plan has a grace period or rollover

Some plans allow a 2.5-month grace period, while others allow rolling over up to $660. Very few plans offer both.

Real-World Scenario Example

"Employee elected $2,000, spent $500, 6 months elapsed, no grace period, no rollover, 30% combined tax rate."

Inputs

fsaType:health
annualElection:2000
amountSpentToDate:500
monthsElapsed:6
combinedTaxRate:30
hasGracePeriod:false
hasRollover:false
rolloverLimit:660

Result

Remaining: $1,500. Amount at risk: $1,500. Must spend $250/month for 6 months. Tax savings at risk: $450.

Important Disclaimer

FSA rules vary by employer plan. Confirm your plan's grace period, rollover, and run-out provisions with your HR department or plan administrator before making spending decisions.