Flexible spending account

A flexible spending account (FSA) is a type of savings account that provides the account holder with specific tax advantages. An FSA, sometimes called a flexible spending arrangement, is set up by an employer for an employee. The account allows employees to contribute a portion of their regular earnings to pay for qualified expenses related to medical and dental costs—Read more at Investopedia. Kagan, Julia. “Flexible Spending Account (FSA).” 17 December 2019