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Why Your Flex 125 Funds Are More Flexible Than You Think

Why Your Flex 125 Funds Are More Flexible Than You Think

“Use it or lose it” applies to a lot of things in life! Let’s look at how it applies to your Flexible Spending Account (FSA) funds. Those tax-free funds that you’ve saved all year likely expire on December 31, so your hard-earned dollars could be lost if they’re not used. Yikes! If you contribute part of each paycheck to your FSA but don’t have a clear understanding of what services or products qualify for spending those funds, then here’s a crash...