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What is flex spending? |
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A Flex Spending Account is offered by some employers. You contribute a specific amount from your paycheck through automatic payroll deductions into an account to pay for out-of-pocket medical expenses. Money in a flex spending account is exempt from federal, state and payroll taxes. Because you're using pretax dollars, the accounts can slash your out-of-pocket costs by a third or more. Ask your company Human Resources for more details. |
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You can use the money from
your flex spending account for medical |
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