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flexible spending account fsa

Flexible Spending Account (FSA): How Does It Work?

March 5, 2009

Did you know that you can deduct your medical expenses on your taxes (if you itemize)? However, your expenses need to be over 7.5% of your adjusted gross income, and you can only deduct those expenses over the 7.5% threshold. For many families, that 7.5% threshold is many thousands of dollars, …

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Corrie is a "cents"able wife and stay-at-home mom of 2 boys.

Although she now manages her family and their finances, Corrie is a former financial professional and understands the difficulties that can arise from trying to reduce the family budget to fit one income stream.

She has always loved the "high" of getting a great deal, and she loves to help others save money. She shares freebies, coupons, drugstore and grocery store matchups, and the best deals she can find.

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flexible spending account fsa