David Dayen

RT @[email protected]

About half of consumers using Flexible Savings Accounts lose money, totaling just over $4B a year.
https://money.com/fsa-contributions-workers-forfeit-money/#:~:text=He%20called%20the%20estimate%20conservative,in%2010%20workers%20forfeit%20money.

🐦🔗: https://twitter.com/donmoyn/status/1605563616048005121

Workers Lose $3 Billion a Year in FSA Contributions (and Employers Get to Keep It)

Workers with flexible spending accounts forfeit billions of dollars more than previously estimated, according to new data analyzed by Money.

Money
Dec 21, 2022 at 5:23pmWeb
Show threadVoronDec 21, 2022
@ddayen promote things advertise, advertise, advertise, lie, lie, lie, & engage in legalized theft.
American business today
Show threaddarcher 🦋Dec 21, 2022

@ddayen wow that's almost like real money. No doubt Wall Street and the Chamber of Commerce are horrified by this and now deeply regret lobbying for FSAs over simple and universal health care policy.

Also makes me wonder which companies are the biggest winners, and what their internal communications on the subject look like.