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Flexible spending accounts (FSA) are among the most significant tax shelters allowed by the IRS. Read on to learn how you can take advantage of substantial tax savings by using spending accounts. The health, dependent care and transit and parking flexible spending accounts are administered by WageWorks (http://www.takecarewageworks.com/).
Over-the-Counter (OTC) Drugs and medicines: as of January 1, 2011, your FSA can not reimburse you for OTC drugs and medicines (other than insulin) without a doctor’s prescription. OTC drugs/medicines can no longer be reimbursed through your FSA.
FSA - Health Care
FSA - Dependent Care
FSA - Transit & Parking (Commuter)
Health Savings Account (HSA)
Health Savings accounts are administered by Sterling http://www.sterlinghsa.com/products/hsa/home/
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