Aflexible spending account (FSA)is an employer-sponsored savings account that lets employees set aside pretax funds for qualified medical expenses. It can help the account holder save money at tax time, especially because the list of allowable expenses that can be paid for with FSA funds has ...
You can claim allowable expenses your spouse or dependents incur even if they’re not covered by your health plan.10 Unfortunately, you don’t get a refund for any money you leave in your limited-purpose FSA that you don’t use unless a carry-over rule applies.11 Important Your contributio...