What is a health care spending account?

Answer In addition to traditional health insurance plans, health care spending accounts have become a common method of paying for medical expenses. Before enrolling in a health care spending account, it i... Read More »

Top Q&A For: What is a health care spending account

What is the difference between a health savings account&a flexible spending account?

Health savings accounts (HSAs) and flexible spending accounts (FSAs) are ways to put money aside for future heath care costs. Both provide tax advantages, but the qualifications and functions of th... Read More »

What Is a Health Spending Account?

Health Spending Accounts allow individuals or employers to put money into an account to pay for medical expenses not covered by regular health insurance. Funds deposited into the account are exempt... Read More »

How to Start a Health Spending Account?

A Health Spending Account is a way you can benefit from the additional tax savings available to all Canadian Tax Payers. These steps will answer all your questions on Health Spending Accounts (HSAs... Read More »

Can you use a flexible spending account to pay health insurance premiums?

Distributions from a health FSA reimburse you for qualified medical expenses. According to IRS Publication 969, you cannot receive distributions from your flexible spending account for either healt... Read More »