Is an FSA a Medical Care spending account?

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Is an FSA a Medical Care spending account?

Yes, a Flexible Spending Account (FSA) is an account that taxpayers contribute to with pre-tax money to pay for out-of-pocket medical expenses.

Refer to the TurboTax articles What is a Flexible Spending Arrangement (FSA)? and Flexible Spending Accounts: A Once-A-Year Tax Break for more information.

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