Why should I set up an FSA?
FSAs let you set aside some of what you earn each year into an account that's specifically for out-of-pocket health care, child, or elder care expenses, without paying taxes on those dollars. If you have recurring care expenses (e.g., copays, daycare, etc.), or simply a rough estimate of how much you expect to spend on them, an FSA will help you save money.
Learn more about the tax advantages of an individual FSA.
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