The One FSA Rule You Can’t Ignore

Following last week’s look at Health Savings Accounts, it is time to dig into Flexible Spending Accounts, or FSAs. This is a powerful benefit that, like an HSA, lets you pay for eligible medical costs with pre-tax dollars. However, the clock is always ticking with an FSA. Unlike an HSA, Flexible Spending Account funds generally must be spent within the plan year, or you lose them.

Read the full story here and with an FSA remember, it’s use it or lose it.