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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. What Is the FSA Carryover Limit for 2022? - AOL

    www.aol.com/finance/fsa-carryover-limit-2022...

    A flexible spending account (FSA) allows you to save up money for medical expenses. You can use this tax-advantaged fund to pay for costs like copays, deductibles and pharmaceuticals. For the most ...

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

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

    The FSA is an employer-sponsored account that allows employees to set aside up to $2,850 in pretax money. When the money is used for eligible expenses, the expense will be tax-free.

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

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

    Even if your employer contributes to your HSA account, you may contribute extra funds on a tax-free basis, but there is a limit to how much can be contributed. In 2022, total contributions ...

  9. 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 ...

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