How does the healthcare flexible spending account (FSA) work?

You select the amount that you would like to put into your healthcare account based on your needs for the coming plan year. Chard Snyder and your employer will let you know the maximum allowed amount. Tax-free money from your paycheck will then be added to your account. You may use your Benny® prepaid benefits card if your plan allows or pay for eligible healthcare expenses and then submit a claim for reimbursement.

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