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WebApr 2, 2009 · You can use the FSA money for eyeglasses, contact lenses, prescription drugs and many nonprescription medications, dental care, and a lot of other medical expenses that insurance doesn't cover.... WebFlexible spending accounts offer employees a great way to reduce their taxable income while at the same time paying for medical or childcare expenses they know they’ll encounter during the year. Many companies let employees set aside $2,000 to $3,000 annually in pre-tax money to spend tax-free on medical expenses. motorola moto e5 5th gen xt-1944-2

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WebDec 11, 2024 · The clock is ticking to use up the funds in your flexible spending account. FSAs, both health and dependent care, are offered by employers as a way for workers to save money on qualified expenses ... WebJul 7, 2015 · One special benefit of flexible spending accounts is that you can use all of the money you plan to contribute for the year starting on January 1. Even if you leave your job before contributing ... WebJan 8, 2024 · Many workers with FSAs found themselves with hundreds or thousands of unspent dollars locked up. The accounts allow people to deduct up to $2,750 pretax from their paychecks for medical expenses... motorola moto edge network reset