Each year I put some money into my FSA which will allow me to pay for prescriptions (and other medical costs) tax free. The problem is, you lose any amount not used by the end of the year (or shortly thereafter). Now some places for some reason will let you carry some of it over.
I am wondering, what happens to all the money you don't use? Does the government just take it from you? As an aside, why do some places let you carry some over and some not? I thought it was a federal rule.