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Pros and Cons of Flexible Spending Accounts

Flexible Spending Accounts are great for saving money, but there are two downside factors that need to be considered. The first is the risk of forfeiting unused funds, and the second (and often overlooked) factor is that shielding income in an FSA from taxation could have a ling range affect on future Social Security benefits. Read The Post & Courier columnist David Slade’s article on this subject here…

 

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