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  2. A flexible spending account (FSA) is an employer-sponsored savings account that lets you contribute pre-tax funds. You may use this money for approved medical and dependent care expenses.

  3. Flexible spending account - Wikipedia

    en.wikipedia.org/wiki/Flexible_spending_account

    In the United States, a flexible spending account ( FSA ), also known as a flexible spending arrangement, is one of a number of tax-advantaged financial accounts, resulting in payroll tax savings. [1] One significant disadvantage to using an FSA is that funds not used by the end of the plan year are forfeited to the employer, known as the "use ...

  4. 63 FSA-Eligible Items to Buy Before Your Funds Expire

    www.healthline.com/health/fsa-eligible-items

    A flexible spending account (FSA) is a popular healthcare savings option offered by some employers. These accounts are attached to health insurance plans and allow you to build funds you can use ...

  5. HSA vs. FSA: What's the Difference - Healthline

    www.healthline.com/health/hsa-vs-fsa

    A flexible spending account (FSA) is a savings account attached to an employer-based health insurance plan. Funds are contributed to an FSA pre-tax — in other words, before your taxes are taken ...

  6. Could a Flexible Spending Account (FSA) Lower Your ... - AOL

    www.aol.com/could-flexible-spending-account-fsa...

    What Is a Flexible Spending Account? An FSA is an employer-sponsored benefit account that can help cover healthcare costs. These accounts allow employees to set aside up to $2,850 of pretax money ...

  7. HSA and FSA: Tax-Free Money for Health Care - WebMD

    www.webmd.com/health-insurance/hsa-fsa

    FSA stands for flexible spending account. The money that goes into an FSA is tax-free. Generally, you won't pay taxes on anything you spend from an FSA as long as the money is used to pay for ...

  8. Use Your Flexible Spending Account Funds by End of the Year - AOL

    www.aol.com/flexible-spending-account-funds-end...

    If FSA money is left in your account at the end of December, your employer can offer one of two options: A 2.5-month grace period to spend the leftover money. A carryover of up to $500 to spend ...

  9. Will My FSA Really Save Me Money on Taxes? - AOL

    www.aol.com/fsa-really-save-money-taxes...

    A flexible spending account (FSA) is a kind of savings account that lets you set aside money before income and payroll taxes are assessed. As long as any withdrawals from the account are spent on ...

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