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Washington, DC, November 10, 2005 -- United States Office of Personnel Management (OPM) Director Linda M. Springer today announced a new option under the FSAFEDS Program, a limited expense health care flexible spending account (LEX HCFSA) for Federal employees enrolled in high deductible health plans (HDHP) with health savings accounts (HSA).
"We're pleased to offer this added benefit to federal employees who have taken advantage of HSAs offered in the Federal Employees Health Benefits program, to stretch their money even further," said Springer. "Federal employees work hard for their money and they sacrifice, so it is imperative they be given every opportunity to realize tax savings for themselves and their families."