What is an FSA? A Flexible Spending Account (FSA) is a tax-favored program offered by employers that allows their employees to pay for eligible out-of-pocket health care and dependent care expenses with pre-tax dollars. By using pre-tax dollars to pay for eligible health care and dependent care expenses, an FSA gives you an immediate discount on these expenses that equals the taxes you would otherwise pay on that money. In other words, with an FSA, you can both reduce your taxes and get more for your money by saving from 20% to more than 40% you would normally pay for out-of-pocket health care and dependent care expenses with after-tax (as opposed to taxed) dollars. Employer Benefits:     • Low or No Setup Fees     • Quick Plan Document Generation     • Automated Banking For Reimbursements     • Save Almost 8% in FICA Taxes   Employee Benefits:     • Toll-Free Customer Service     • 24 Hour On-line Access     • Tax Savings on Medical & Dependent Care Costs     • Personal Benefit Consulting