However, FSA funds have an expiration date; you'll lose the money unless you spend it before the deadline. As the end of 2025 ...
HSAs and FSAs differ tremendously in terms of when you have to spend the money in your account and what you can do with it. Though these accounts have some similarities, they are very different beasts ...
Many people set aside money for health expenses through FSAs and HSAs. But confusion about how these accounts work is common— and it can cost you. If you've ever rushed to spend your FSA dollars ...
As the year progresses, many employees are reminded of the importance of managing their Flexible Spending Accounts (FSAs) to ...
Martha C. White is a contributor to Buy Side from WSJ and a finance expert, specializing in banking, loans and credit cards. Paying for healthcare is expensive, even with insurance. In fact, the ...
Service members will have another way to save money on their taxes in 2025, as defense officials are working to offer health care flexible spending accounts. Defense officials are currently ...
A flexible spending account (FSA) is a special employer spending account. It allows a person to use tax-free money on health-related expenses such as prescription medications and medical devices.
Hot tub purchases and bicycles for physical therapy are among the unusual HSA reimbursements, but experts warn that one ...
Many service members may enroll in a tax-advantaged flexible spending account starting next year to help pay medical expenses not covered by Tricare, a Department of Defense spokesman told Stars and ...
A new benefit announced Friday by the Defense Department could help troops save money on health care items. (C. Todd Lopez/Army) A new benefit coming to service members in 2025 could help defray their ...
NPR's Ayesha Rascoe talks with UCLA Professor Steve Bank about why employees must spend all the money in their Flexible Spending Accounts by a certain date or forfeit the balance to their employers.
Medical expenses are often unpredictable and unwelcome, but there may be some strategies that help lessen the sting of them.