What are flexible spending accounts? And what do I need to know about them regarding my taxes? Retirement Daily's Robert Powell caught up with Jeffrey Levine, CPA and tax pro from Buckingham ...

If you have a flexible spending account, you may be subject to a Dec. 31 deadline to use those funds. Here's what to know about using your 2024 balance and how to get an earlier start in 2025.

Before deciding to sign up for a flexible spending account, which lets you set aside pretax money for child care or health care expenses, you may need to weigh the benefits compared with other tax ...

Flexible spending account deadline approaching: Did you know you could use your FSA for these items? Published: Dec. 14, 2022, 7:00 a.m. Prescription eyeglasses can often be paid for out of your FSA.

In 2024, the limit for FSA's will increase to $3,200 so account holders will be able to save even more money next year, and potentially have even more money left over at the end of 2024.

What is the deadline to use my flexible spending account? Robert Powell, editor of Retirement Daily, discusses this question with Jeffrey "The Buckinghammer" Levine of Buckingham Wealth Partners.

Though rules on flexible spending accounts were relaxed during the COVID-19 pandemic. The government did not require employees to use money in their FSA by the end of each year or either lose it.