A Flexible Spending Account (FSA) is a tax-advantaged financial account that allows employees to set aside a portion of their earnings to pay for eligible out-of-pocket health care expenses. Contributions to an FSA are made through payroll deductions, reducing your taxable income. Funds can be used for a wide range of expenses, including medical, dental, and vision care, as well as dependent care costs. With an FSA, you have the flexibility to manage your healthcare costs while maximizing your tax savings. It’s a smart way to budget for anticipated medical expenses throughout the year.