5 Ways to Use Up Your 2020 FSA
Image source: Getty Images.
While it doesn't influence our opinions of products, we do receive compensation from partners whose offers appear here. We're on your side, always. See our full advertiser disclosure here.
The flexible spending account, or FSA, is an extremely useful workplace benefit. With an FSA, you contribute money on a pre-tax basis to cover medical expenses for the upcoming year. That means the IRS can't tax the money you put into your account, and you get a dedicated fund to cover your healthcare needs, putting less of a strain on your savings account or budget.
Source Fool.com
