Flexible Spending Account

Flexible Spending Account in the United States

Other Popular Tax Concepts

Flexible Spending Account (FSA) in Health Care Law

A definition of Flexible Spending Account (FSA) is available here: A tax-exempt plan used to pay for medical expenses not paid for by insurance, such as deductibles, copayments, and coinsurance. Affordable Care Act limits over-the-counter item reimbursements only to those purchased with a doctor’s prescription.


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