Optometrist Dr. Aaron Lukenga explains how flexible spending accounts compare to health savings accounts and how people could ...

A flexible spending account (FSA) is a type of savings account typically used for healthcare expenses. Many people use an FSA to cover expected healthcare costs throughout the year, saving money on ...

In the scope of health care and financial planning, Americans have access to multiple tools that can help them prepare for both expected and unforeseen medical expenses. One of those instruments is a ...

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 ...

Flexible spending accounts enable employees to pay for eligible health (medical, dental and vision) and/or dependent care expenses with pretax dollars, thereby reducing their tax burden. Employees ...

Dependent Care Flexible Spending Accounts allow employees to pay for eligible dependent care expenses up to $5,000 per year with pretax dollars, thus reducing their overall tax burden. Eligible ...

Record inflation is impacting all aspects of federal employees’ lives, including higher Federal Employees Health Benefits Program premiums. With an 8.7% average increase in enrollee share, the largest ...

WASHINGTON — As part of its obligation to take care of service members and families, the Department of Defense is implementing a Dependent Care Flexible Spending Account, or DCFSA, benefit to support ...