An employee elects a $500 annual deferment in his Section 125 Flexible Benefits Plan. His employer pays an FSA claim for $500 in March. In April, the employee terminates his employment after deferring only $290 to his plan. What happens in this situation?

🎲 Try a Random Question  |  Total Questions in Quiz: 25  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
PHR / SPHR Professional Exam: Compensation and Benefits — practice the complete quiz, review flashcards, or try a random question.

Compensation and Benefits examines how to develop, implement, administer, and evaluate compensation and benefits programs, two of the most visible elements of an organization’s total rewards system. 


An employee elects a $500 annual deferment in his Section 125 Flexible Benefits Plan. His employer pays an FSA claim for $500 in March. In April, the employee terminates his employment after deferring only $290 to his plan. What happens in this situation?