By: SelectAccount  10/21/2015
Keywords: Healthcare, Medical, Account

A Medical Flexible Spending Account is an employer-sponsored account that allows you to set aside pre-tax dollars to pay for certain health care expenses. A medical flexible spending account (FSA) allows you to save for medical expenses with tax-free dollars. It helps you to reduce your taxable income and increase your take-home pay. With the medical FSA, you can enjoy some of the following advantages: You pay less in federal, state and FICA taxes You may have more disposable income You have a convenient way to pay for medical expenses with tax-free dollars You gain more control over how your benefit dollars are spent.

Keywords: Account, Healthcare, Medical

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