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dependent care FSA; Health FSA. A medical care FSA is the type most people are familiar with. This is the type of FSA that allows you to put aside money for medical and dental expenses.
Takeaway. FSA funds are a great way to save money on a wide range of everyday healthcare items. FSA-eligible categories include OTC medications and health devices, select skin care products ...
Your employer offers a dependent care FSA: A dependent care FSA allows you to use FSA funds for day care, preschool, home healthcare, and more to help you cover the cost of caring for children ...
WebMD explains health savings accounts (HSA) and flexible spending accounts (FSA) and the tax benefits of each.
The most common type of flexible spending account, the medical expense FSA (also medical FSA or health FSA), is similar to a health savings account (HSA) or a health reimbursement account (HRA). However, while HSAs and HRAs are almost exclusively used as components of a consumer-driven health care plan, medical FSAs are commonly offered with ...
Health Reimbursement Arrangement (HRA) With an HRA, your employer reimburses you for certain medical expenses up to a maximum amount for the year. Your employer may offer an HRA with other health ...
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Helps make the most of your flexible spending accounts - Daily Finance