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What you may not know about your FSA

With fall just around the corner, benefits managers are gearing up to educate employees about flexible spending accounts for the open enrollment period.

By Jody Dietel | Updated on August 28, 2012

With fall just around the corner, benefits managers are gearing up to educate employees about flexible spending accounts for the open enrollment period. While benefits professionals may have a good handle on the tax-advantaged benefits accounts that can save participants up to 40 percent on health care, dependent care and commuting expenses, there’s still plenty about FSAs that benefit pros may not know. 

Now is the perfect time for HR managers to keep details of FSAs top of mind and help employees understand the fine print so they recognize why enrolling this fall is the smart financial decision.

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