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What is a flexible spending account?
What is a flexible spending account?
Binkey avatar
Written by Binkey
Updated over a week ago

Flexible spending accounts (FSAs) are tax-advantaged accounts offered by employers that allow holders to use pre-tax dollars to pay for eligible health expenses. Funds in an FSA have to be used by the end of the year, unless the employer offers a grace period of up to 2.5 months into the following year.

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