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2020 FSA Changes: Get More From Your Flex Account


The rising costs of healthcare mean it's essential to set aside money to cover your medical expenses. If you're fortunate enough to have a flexible spending account at work, you can use it to set money aside for healthcare costs and reap some valuable tax benefits, too.

The rules governing FSAs change nearly every year, so it's important to stay up to date with the latest on how you can put these tax-favored accounts to work. Below, we'll look at the changes affecting FSAs in 2020 to help you decide if a flexible spending account makes sense for you.

Image source: Getty Images.

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Source Fool.com


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