Exam term

Flexible Spending Account (FSA)

An employer-sponsored account funded mainly by employee pre-tax salary reduction for qualified medical expenses, subject to a use-or-lose rule and not portable.

Lessons that use this term

Consumer-directed health accounts: FSA, HDHP/HSA, and HRA Florida
Consumer-directed health accounts: FSA, HDHP/HSA, and HRA New York
Consumer-directed health accounts: FSA, HDHP/HSA, and HRA Texas