At Essential HR, we know that managing out-of-pocket healthcare costs can be challenging for employees. A Flexible Spending Account (FSA) offers an easy, tax-smart way to save on everyday medical, dental, vision, and dependent care expenses. By allowing employees to set aside pre-tax dollars, FSAs help stretch take-home pay and make healthcare more affordable throughout the year.

Benefits of an FSA

• Employees contribute pre-tax dollars through payroll deductions to cover eligible healthcare expenses.
• Funds are available right away at the start of the plan year, offering instant access for necessary medical or dental costs.
• Qualified expenses can include doctor visits, prescriptions, over-the-counter medications, dental work, vision exams, and more.
• Employers can choose whether to contribute, match employee funds, or simply offer the program as a tax-advantaged benefit.