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I've had a number of discussions with players about whether Iron Banner Tokens will carry over across the Season boundary next week; the general consensus has been that you should spend them, because they'll disappear when Season 3 begins. This has been bolstered, in part, by the Iron Banner Guide page on Bungie.net:
Players should ensure that they turn in any remaining Iron Banner Tokens before Lord Saladin departs from the Tower Courtyard following the weekly reset.
However, the question was directly asked in a Twitter thread a couple of weeks ago, and the answer, by Bungie's Jeremiah Pieschl, was pretty clear: