Compare and contrast HSAs vs FSAs. Explore their differences, including pros and cons of each account and who should (and ...

Depending on the specifics of your health-care FSA, you may need to spend what’s in your account by Dec. 31 or else forfeit the money.

For instance, suppose you have $200 left in your health care FSA as the year's end approaches. You plan to purchase new eyeglasses that cost $300.

Health savings accounts (HSAs) and flexible spending accounts (FSAs) both offer valuable tax-savings opportunities when you use them to pay for eligible health care expenses, but there are important ...

GoodRx reports that HSA and FSA can cover weight-loss expenses if prescribed for medical conditions, requiring a letter of ...

In essence, a health care flexible spending account, or FSA, is a savings account that can be used to pay for items not covered by health or dental insurance. Such accounts have been available for ...

You will be able to see this carryover after the 2024 claims filing deadline of April 30 by viewing your WEX account. Remaining funds under $30 and over $640 from your 2024 health care FSA, as well as ...

Troops will be able to sign up for health care flexible spending accounts in March 2025. (Sgt. Sinthia Rosario/U.S. Army) This article has been updated with information from Defense Department ...

Meanwhile, troops can start gathering receipts and information about their out-of-pocket health expenses now to help decide whether to open a health care FSA in March and how much to contribute.

Some National Guard troops on full-time active duty are now eligible to enroll in a tax-advantaged, health care flexible spending account.