Most likely it is more flexible than you think. Health care flexible spending accounts (FSA) have been around for many years. Through pre-tax dollars, individuals are able to fund these accounts and use these funds to pay qualified medical expenses. Qualified medical expenses are most often used to reimburse deductibles, copayments, and coinsurance for an… Continue reading Is Flexible Spending Really Flexible?
When you think of a flexible spending account, or FSA, you think of deductibles, uncovered prescription drugs and nonreimbursed medical expenses. And this being the end of the year, you probably are realizing that you may have extra funds parked in your flexible spending account. But wait! There are other expenses eligible for flexible spending… Continue reading Shopping with Your Flexible Spending Account?