Quote:
Originally Posted by AGDee
It also rolls over from year to year and you don't have to use it that year.
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The specifics for this likely vary from employer to employer. While mine allows you to carry over from year to year, there is a cap. If the cap is $2000, and you elect $1500 for this year and plan to carry over $1000 from last year, you're essentially losing $500. There's also a date by which the $ has to be used (at my university, anyway), so it's wise to familiarize yourself with the specific limitations of your HRA.