What happens to any unused benefits with my Health Spending Account?

Any unused benefits with a Kibono Health Spending Account simply rollover into the next benefit period and are added to the annual balance. However, this is an option your employer may or may not have opted for. You can check whether your benefits will rollover by logging in to your employee dashboard where it will say ‘Benefits Rollover: Yes or No’. Remember that unused benefits can only be rolled over a maximum of one benefit period. For example; if your annual limit is $1,000 and after Year 1 you have $500 remaining; Year 2 will have $1,500 available to you. However, if at the end of Year 2 you still have $1,200 remaining, only $1,000 will be rolled into Year 3 as $200 relate to prior year already brought forward the maximum year.