If you have a Flexible Spending Account (FSA), it is crucial you know how your specific account works so that you can use your money before you lose it! For many FSA account owners, the money doesn’t roll over into the next year, and with the year almost coming to an end, there may be the perfect opportunity to utilize this money that you may have forgotten about. Have you been considering orthodontic or dental treatment? Now’s the perfect time to put your FSA benefits to use! Keep reading to find out more.
What is a Flexible Spending Account
An FSA account can be set up through your employer, and it is a type of pre-tax saving account that allows you to put money into it to be used for out-of-pocket health care expenses. Fortunately, you don’t have to pay any taxes on this money, which means you can save big on dental expenses. read more