Having money deducted from your paycheck and put in a flexible spending account is one of the ways you can avoid paying taxes on the amount you spend for health care expenses.

Question

Quizplus · Accepted Answer

Money contributed to a Flexible Spending Account (FSA) is deducted from your paycheck before taxes, reducing your taxable income and therefore the amount of taxes you pay, while allowing you to use the pre-tax dollars for eligible healthcare expenses.

Having Money Deducted from Your Paycheck and Put in a Flexible