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Flexible Spending Accounts

Written by: PeopleKeep Team
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Originally published on January 20, 2013. Last updated November 21, 2013.

Special accounts typically funded by an employee's salary reduction to help pay certain expenses not covered by the employer's plan or insurance contract. The advantage of these accounts is that after-tax dollars are converted to before-tax dollars, thereby reducing the actual cost of expenses.

Originally published on January 20, 2013. Last updated November 21, 2013.
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