Category: FSAs
Similar to health savings accounts (HSAs), the big benefits that healthcare-related flexible spending accounts (FSAs) provide are tax-free contributions and withdrawals for qualified medical expenses. Used properly, FSAs and …
In recent years, our household has shifted from one employer’s high deductible health plan (HDHP) paired with a health savings account (HSA), to another employer’s PPO plan, which is …
This article has been updated for the 2023 and 2023 tax years. I’ve gone in to great detail on my love for health savings accounts (HSAs) in the past, …
Update: the below content is applicable for 2021 to 2022 FSA carryovers, but without further legislation to extend the detailed FSA carryover increase for COVID, the 2022 to 2023 …
CARES Act OTC Medication & Feminine Hygiene Product Qualified Medical Expense Changes One of the lesser known but potentially high impact COVID-19 relief measures within the Coronavirus Aid, Relief, …
We’ve previously covered the basics on flexible spending accounts (FSAs), but the relatively new FSA carryover rule is worth exploring further. For those who do not have access to …
