A flexible spending account is an employer-sponsored account that allows employee-paid expenses for medical or dependent care to be paid with employee's pretax dollars rather than after-tax income.

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A flexible spending account (FSA) is an employer-sponsored account that allows employees to set aside pre-tax dollars to pay for medical or dependent care expenses. This can result in significant tax savings for employees.

A Flexible Spending Account Is an Employer-Sponsored Account That Allows