If a device is necessary for treating or monitoring a specific medical condition (and not just general wellness), it could be ...

ON THIS PAGEFSAHSAWhich Is Right for Me?There are two main types of accounts available for tax-free savings to use for health ...

Under the provisions of the Family and Medical Leave Act, you retain the right to maintain your contributions to your ...

In contrast, an FSA is offered by employers and lets you set aside pre-tax dollars for healthcare costs, but it typically has a 'use-it-or-lose-it' policy. Both HSAs and FSAs offer significant tax ...

A flexible spending account (FSA) is a benefit some companies offer so employees can efficiently manage their health care expenses. With it, you can save on certain out-of-pocket medical expenses.

Funds from a flexible spending account (FSA) ... You can use FSA funds for medical expenses not covered by your health plans, such as a deductible or co-pay, among other things.

A flexible spending account allows you to set aside money for medical costs while enjoying tax benefits. Maximum FSA contribution levels range from $2,500 to $5,000 in 2024.

The FSA contributions limit for 2025 is $3,300, that’s up from $3,200 the previous year. If your spouse has a plan through their employer, they may also contribute up to $3,300 through payroll ...

FSA money was initially intended to help pay for copays, coinsurance, prescription drugs, eyewear and some medical equipment that health insurance didn’t cover.

Meanwhile, HSAs allow individuals to put in $800 more than an FSA allows and $1,600 more for households. If an employee doesn't have many medical expenses, the FSA will be enough, but the HSA's higher ...