Discover how FSAs can reduce taxable income and offer tax-free funds for medical expenses. Learn about contributions, eligible expenses, and key benefits.

Both accounts can help defray medical costs, but there key differences Written By Written by Contributor, Buy Side Martha C. White is a contributor to Buy Side and a finance expert, specializing in ...

A flexible spending account (FSA) is a special employer spending account. It allows a person to use tax-free money on health-related expenses such as prescription medications and medical devices.

Martha C. White is a contributor to Buy Side from WSJ and a finance expert, specializing in banking, loans and credit cards. Paying for healthcare is expensive, even with insurance. In fact, the ...