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What can I use my FSA for?

The funds accumulated in an FSA can be used to pay for medical expenses for yourself, your spouse and your dependents within the year. A flexible spending account (FSA) is a tax-advantaged way to save for future healthcare costs. You can use an FSA to pay copayments, deductibles, prescription drugs and health costs.

What is an FSA & how does it work?

Also called a flexible spending arrangement, an FSA (not to be confused with an HSA) can be used to cover certain expenses with pretax money.

Is an FSA right for You?

A vast majority of parents (85%) report that they're spending 10% or more of their household income on child care, according to a recent Care.com survey — so to the extent that you can pay some of that money pretax, that's an advantage. To decide if an FSA is right for you, take stock of your health and dependent care spending.

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