Question: What is the difference between a flexible spending account (FSA) and a health savings account (HSA)? FSA contribution is made from pretax dollars; an HSA
What is the difference between a flexible spending account (FSA) and a health savings account (HSA)? FSA contribution is made from pretax dollars; an HSA contribution is made from after-tax dollars. HSA can earn interest on amounts in the account; an FSA does not. FSA can roll over all unused amounts from year to year; an HSA cannot. FSA has a higher annual contribution limit than most HSAs
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