Cons of flexible spending accounts Some drawbacks do exist for using an FSA, so make sure you understand them. Knowing the disadvantages to such an account will help you better decide whether it's ...

Pros and Cons of Flexible Spending Accounts December 07, 2016 — 02:08 am EST. Written by for The Motley Fool -> Image source: Shutterstock. A flexible spending ...

Things You Must Do When Your Savings Reach $50,000 You can’t contribute to an FSA and an HSA simultaneously. So, when it’s ...

What are the pros of a Flexible Spending Account (FSA)? Here, we take a look at some of the pros of FSAs, explaining how they can be a benefit to you.. It can be a tax break for you. You can make ...

As health care costs continue to grow, employers and employees alike are searching for ways to reduce the financial burdens they face, and many are turning to consumer-driven health plans that ...

FSA: Pros and Cons. Pros: Flexible Spending Accounts offer significant savings by allowing you to set aside pre-tax dollars for medical expenses, reducing your taxable income.

Employees should see if their FSA option comes with a debit card or similar option. And when it comes time to use FSA funds, employees should know what's eligible and what's not. If there are certain ...

Explore their differences, including pros and cons of each account and who should (and shouldn't) have each account type. HSA vs. FSA Accounts: Side-by-Side Healthcare Comparison | The Motley Fool ...

Like an IRA, you can contribute for a given year up until the filing date of that year's tax return. For 2013, that would be April 15, 2014, unless you file an extension, and then it's Oct. 15, 2014.

Using tax-advantaged accounts like a health savings account and a flexible spending account can help you save money on healthcare costs. While both accounts let you use pre-tax dollars to cover ...