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Flexible Spending Account (FSA)

A Flexible Spending Account (FSA), also known as a flexible spending arrangement, is an employee reimbursement program that employers offer to eligible employees. The account can be used to pay for copay, deductibles, drugs, and other healthcare costs. An FSA is primary funded with employee salary deductions and reimbursed back to the employee for health care, while existing as a nontaxable benefit.

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