We discuss Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), and Dependent Care Flexible Spending Accounts (DCAs or DCFSAs). If you work for a medium to large-size company you likely have access to many of these products. Each of these products has many benefits, and many complexities, and it’s important that you understand them each so you can decide how to use them to maximize their effectiveness for your personal financial situation. We dig into what each of these accounts are, why they are important, and how to use them.
#059 | The amazing tax benefits of FSAs, HSAs, and DCAs | friends on FIRE podcast - Listen or read transcript on Metacast