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flexible spending account

American  

noun

  1. an account to which an employee contributes a portion of earnings to pay for certain expenses such as medical and dependent care: contributions are exempt from payroll taxes. FSA


Etymology

Origin of flexible spending account

First recorded in 1980–85


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

However, you can use the money in a flexible spending account or a health savings account to pay for the checkup.

From MarketWatch ● Oct. 5, 2026

Pretax deductions: Any money exempt from income taxes, including medical or dental insurance, or money you elected to put into a flexible spending account or workplace retirement plan.

From Washington Post ● Jan. 11, 2023

But if you have money left over in your healthcare flexible spending account, you’ll lose it soon unless you spend it on something.

From Los Angeles Times ● Dec. 12, 2022

A dependent care flexible spending account is another option.

From Seattle Times ● Aug. 30, 2022

Millions of people have access to something called a health care flexible spending account.

From New York Times ● Jul. 2, 2022

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