1. Rollover feature considerations
Employers need to choose between offering the rollover feature or the grace period; they cannot offer both. Look at your utilization and forfeiture data, advises Jeremy Miller, president and founder of FSAStore.com, an e-commerce site that sells FSA-eligible products. If the employer feels, based on utilization and forfeitures, that their employees may benefit more and will see a higher enrollment from a carry forward, than they probably want to consider offering the rollover, he says.