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Flexible Spending Accounts Overview

Flexible Spending Accounts Overview

A Flexible Spending Account, or FSA, is an employee benefit program that allows you to set aside money, on a pre-tax basis, for certain health care and dependent care expenses. That means YOU keep more of your money. These programs are administered by the Federal Spending Accounts Program (FSAFEDS). This program offers three types of accounts:

Health Care FSA (HCFSA)

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