As we cover in FSAs For Dummies®, a flexible spending account (FSA) is a great tool for helping you manage your health care budget. With an FSA, you have the ability to use pre‐tax dollars to pay for qualified medical or dependent care expenses.
You choose how much money to contribute to your FSA, within limits, and you choose what qualified expenses to spend your FSA funds on and when to spend them — an FSA is flexible that way.
In this book, we offer you basic information and advice to help you understand and make use of the FSA benefits you access through your employer.
Find out why FSAs can lower your taxes, putting more money in your pocket
Learn how to estimate your yearly FSA contribution
Determine what qualifies as an eligible expense
Get tips on managing your account online and on mobile devices
Check out great decision-making tools and health information
Make the best use of your money with FSAs For Dummies®
HSAs For Dummies and FSAs For Dummies are branded marks of Wiley publishing and can not be republished in any manner without Wiley’s express permission. ConnectYourCare has secured the digital rights to these publications and it is being offered to you for the limited purpose of publishing it on your own internal website for use by your employees and health benefit participants. The information contained within the publication is illustrative of HSAs and FSAs and is not intended as legal or financial advice. Please understand that ConnectYourCare makes no assurances of the accuracy of the information provided. Health benefit laws and regulations change frequently and as such, you should consult with your legal counsel for guidance.