Flexible spending account
id:
flexible-spending-account-235-14866341
title:
Flexible spending account
text:
In the United States, a flexible spending account (FSA), also known as a flexible spending arrangement, is one of a number of tax-advantaged financial accounts, resulting in payroll tax savings. One significant disadvantage to using an FSA is that funds not used by the end of the plan year are forfeited to the employer, known as the "use it or lose it" rule. Under the terms of the Affordable Care Act however a plan may permit an employee to carry over up to $550 into the following year without l
brand slug:
wiki
category slug:
encyclopedia
description:
One of a number of tax-advantaged financial accounts in the US, resulting in payroll tax savings
original url:
https://en.wikipedia.org/wiki/Flexible_spending_account
date created:
date modified:
2024-04-08T12:09:21Z
main entity:
{"identifier":"Q5458993","url":"https://www.wikidata.org/entity/Q5458993"}
image:
fields total:
13
integrity:
14