Can anyone with experience with FSAs give me some guidance on what to do here? I don't think I'm liable for this amount but if I'm wrong, then I wanna be sure.
As I understood it, the way FSAs work is that there's risk for parties on both sides. If you leave your job or get fired before you've used up the balance of your contributions, you're screwed and the company gets to keep them. But conversely, if you use the value of your full election (before you've actually contributed that amount) and then leave/get fired, the employer has to eat the difference.
I took a new job this month, and during my outprocessing with my previous employer, they said that I'd need to pay them back for the (something like $2200 of the entire $2600 amount). They were nice about the situation and talked about me being able to set up some recurring payments for it throughout the rest of the year, to which I sort of demurred and said "Yeah, we can figure that out..."
I've googled my local area's laws on how FSAs are supposed to work, and I can't find a "silver bullet" piece of info. They basically say "Yeah companies aren't supposed to try to do that, but some do anyway," which isn't too helpful.
I'm hoping to find some kind of language I can send in an email where I can say, "Actually you guys aren't entitled to do this, sorry but it's the law." And not in a way where I'm trying to be combative, but just where I am transmitting information and have to be the bearer of bad news that they can't do it.
It also sucks because I have a really good relationship with my former company and don't want to burn bridges there, and I'm worried this will do so. But I do think they are wrong, and don't think I should have to repay the amount, given how FSAs are supposed to function.
Submitted March 20, 2017 at 12:35PM by Jazz-Cigarettes http://ift.tt/2nWDAzX
