Flexible Spending Accounts (FSA)
Flexible Spending Accounts (FSAs), sometimes called Flexible Spending Arrangements, are based on a pre-set arrangement between an employee and their employer. This account type allows individuals to pay for any medical expenses that may arise with tax-free money. Generally, there are limits on how much money can be invested in an FSA, which is set by the employer. To learn more about flexible spending accounts or to request a free quote, contact Beckham Insurance Group today.