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7 Smart Money Moves to Make Before Year-End

4.   Use the money in your flexible spending accounts (FSAs). If you participate in a  FSA through your employer, make sure you’ve checked your balance so that you don’t forfeit any unused funds. Typically, there are two flavors: Healthcare FSA and Dependent Care FSA. Each account allows you to put aside money on a pretax basis and then use the money to pay for qualified expenses.


FSAs can cover a variety of expenses ranging from doctor visits and over-the-counter medical supplies to day care for your children or elder care for dependent parents. Check to see if your FSAs offer a grace period or the option to roll over any funds. Read the entire article...










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