HSA vs. FSA: See how you’ll save with each Read more Health Savings Accounts (HSA) Support your employees’ fertility benefit needs with an HSA or FSA Read more Flexible Spending Accounts (FSA) FSA carryover: What it is and what it means for you ...
A flexible spending account (FSA) is a form of savings account that offers special tax benefits to the account holder.
Related Terms: Child-Care; Employee Benefits; Health Insurance Options A flexible spending account (FSA) is a tax-deferred savings account established by
To decide if an FSA is right for you, take stock of your health and dependent care spending. If you have any ongoing or expected medical needs you might have to pay for in the upcoming year, an FSA is a great use of your money. The funds can also be used for over-the-counter ite...
Information recall - access the knowledge you have gained about who can have flexible spending accounts Knowledge application - use your knowledge to answer questions about FSA facts Additional Learning Take some time to explore the lesson called Flexible Spending Accounts: Definition & Eligibility. ...
Everyone knows that employees save big with a Flexible Spending Account, but did you know that employers save as well? Employee contributions to the FSA are not subject to any payroll taxes, even those paid by the employer. In many cases, Flex clients save enough in payroll taxes to cover ...
FSA Guarantee If employees spend more than they contribute, resulting in a net aggregate loss in the employer’s plan, Ameriflex will refund the difference back to the employer. Card Swipe Guarantee One-of-a-kind in the industry, the Card Swipe Guarantee is a feature offered to all FSA and...
Since 1993, Advanced Benefit Strategies has been the industry leader in Flexible Spending Account administration and Section 125, FSA Cafeteria Plans.
A Flexible Spending Account (FSA) is an optional benefit plan offered by many U.S. employers that allows you to set aside part of your pre-tax earnings to pay for qualifying healthcare expenses. You might already be saving on eligible expenses like prescriptions, eyewear and other over-the-...
Flexible spending accounts are special savings accounts sponsored by your employer. With this benefit, you can direct pretax money from each paycheck into your account to use for a variety of eligible expenses. Depending on the type of FSA you open, you can use your funds for: ...