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