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Flexible Spending Accounts (FSAs) An FSA allows you to pay predictable, eligible health care expenses or expenses related to the care of a dependent child. What is a Flexible Spending Account (FSA)? It helps participants save on out-of-pocket qualified medical, dental, and vision expenses, or qualified dependent. You set aside money for your flexible spending account (FSA) from your paycheck before taxes are taken out. The Dependent Care (DepCare) FSA is intended for.

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FSAFEDS allows you to save money for health care expenses with a Health Care or Limited Expense Health Care FSA. Think of it as a savings account that helps. A Flexible Spending Account (FSA), also known as Flexible Spending Arrangement, is one of a number of tax-advantaged financial accounts that can be set up. Flexible spending accounts (FSAs) help you save on income tax, so they adhere to IRS code · Use a Health Care FSA for IRS-qualified medical and dental expenses.

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A Flexible Spending Account is an employee benefit that allows you to set aside money from your paycheck, pre-tax, to pay for healthcare and dependent care. Flexible Spending Accounts (FSAs) allow MIT employees to contribute a predetermined percentage of pretax pay to an account that is then used to pay for. Flexible spending accounts (FSAs) help you save on income tax, so they adhere to IRS code · Use a Health Care FSA for IRS-qualified medical and dental expenses.