According to FSA Store(R) experts, approximately 70% of people who are enrolled in FSAs have some type of deadline extension. However, low un ...

FSAs save money and cut taxes, but there are downsides. Money deducted for a medical flexible spending account can be used to pay for over-the-counter drugs among other things. Getty Images Oct. 26, ...

You’ve probably used your health flexible spending account (FSA) to pay for qualified medical expenses like prescription contact lenses, copays, and dental cleanings. But if you have FSA dollars ...

There are two main types of accounts available for tax-free savings to use for health services: flexible spending accounts (FSAs) and health savings accounts (HSAs). Both allow you to set aside money ...

Since a health FSA is an employer-sponsored health benefit, the IRS decides what counts as a qualified expense. You’ll want to use your FSA funds on IRS-approved medical costs to get the most tax ...