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Archive Home > 2005 > October > 27 > Flex spending accounts often not utilized

Flex spending accounts often not utilized

Accounts allow individuals to pay for health care without tax

By Markian Hawryluk / The Bulletin
October 27, 2005

With the end of the year approaching, many consumers will make an innocent mistake that could wind up increasing their out-of-pocket health care costs by as much as 35 percent. They fail to set aside any money for health care costs in flexible spending accounts.

The accounts, known as FSAs,....

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