Home > Terms > English, UK (UE) > Flexible spending account (FSA)
Flexible spending account (FSA)
A plan that provides employees a choice between taxable cash and non-taxable benefits for unreimbursed health care expenses or dependent care expenses. This plan qualifies under Section 125 of the IRS Code. See also Medical Spending Account.
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- Part of Speech: noun
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- Industry/Domain: Health care
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