A Flexible Spending Account, or FSA, is an employee benefit program that allows you to set aside money, on a pre-tax basis, for certain health care and dependent care expenses. That means YOU keep MORE of your MONEY.
FSAFEDS is the Federal Flexible Spending Account Program which is the FSA for most federal employees.
FSAFEDS offers
three types of accounts:
Health Care FSA (HCFSA), which is used to pay for
eligible medical, dental, and vision care expenses.
Limited Expense Health Care FSA (LEX HCFSA), which is used to pay for
qualified out-of-pocket dental and vision care expenses
Dependent Care FSA (DCFSA), which is used to pay
qualified out-of-pocket dependent care expenses
The average FSAFEDS participant
saves 30% on their eligible out-of-pocket expenses as a result of being enrolled.
To find out more about FSAFEDS or to sign up, visit
www.FSAFEDS.com.