These are types of savings accounts that allow you to take money from your paycheck pre-tax for qualified medical expenses.
The CARES Act allowed for more OTC drugs and health supplies to be FSA and HSA eligible. Examples of medications eligible for FSA and HSA include: acetaminophen (Tylenol), Monistat, Nasacort, Dayquil, ...
Flexible spending accounts (FSAs) make you use up your plan balance by a certain point or risk forfeiting it. You typically have until Dec. 31, though some FSAs offer a grace period. Some expenses ...
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