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  1. Forma Admins
  2. Year End & Post-Termination Guidance

Year End & Post-Termination Guidance

Post-termination

  • How do I calculate the rollover balance from the Pre-tax Account Report?
  • Using transaction reports to process final pay for terminated employees
  • How can terminated employees continue to log in to Forma?
  • Employee terminations and reimbursements
  • How does COBRA administration work?
  • What happens to pre-tax benefits if the account holder passes away?
See all 8 articles

Year End

  • What happens with the forfeiture balance in our plan?
  • How does Forma manage an FSA grace period?
  • How does Forma manage an FSA run-out period?
  • When are employees’ FSA/LPFSA funds carried over to the next plan year?
  • Does Forma verify that rollover contributions do not exceed the IRS maximum?
  • Setting up commuter balance notifications
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