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  2. A flexible spending account (FSA) is an account that allows you to save pre-tax dollars and use them toward your medical and dependent care expenses. Many employers offer FSAs as a benefit. You ...

  3. Flexible spending account - Wikipedia

    en.wikipedia.org/wiki/Flexible_spending_account

    v. t. e. 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 ...

  4. 20 FSA-Eligible Products in 2024 - Healthline

    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 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 ...

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

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

    Health savings accounts (HSAs) and flexible spending accounts (FSAs) both allow you to set aside pre-tax dollars to spend on expenses. Both account types offer benefits and drawbacks.

  7. Limited Purpose FSAs vs. HSAs: Which Has More Bang for ... - AOL

    www.aol.com/limited-purpose-fsas-vs-hsas...

    An LPFSA is a special type of flexible spending account (FSA). Funds in a regular FSA can be used to pay for a variety of expenses, but are usually used for healthcare costs. An LPFSA is ...

  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. FSA and HRA Insurance Plans Through Your Work - WebMD

    www.webmd.com/health-insurance/employer-health...

    A Dependent Care Flexible Spending Account. You can use this type of savings account for a child's day care or for adult day care, such as for your spouse, parent, or grandparent.. Requirements ...

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