FSAs Explained in Sixty Seconds - Flexible Spending Account Overview

Flexible Spending Accounts (FSAs) are a no-cost benefit offered by your employer that can save you money by allowing you to pay for qualified out-of-pocket healthcare expenses on a pre-tax basis. Because your contributions are made on a pre-tax basis, you don't pay federal, state or local income taxes on them. Ask your HR Representative if you are eligible to participate in your company's FSA plan today.