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Northern Kentucky University Flexible Spending Account (FSA) About Chard Snyder Third Party Administrator Since 1988 Located in Mason, Ohio Currently service over 1,000 companies Commitment to Excellence
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A flexible spending account (FSA) is a tax-advantaged financial account that can be set up through an employer benefit plan.
Employees who wish to participate in a flexible spending account must enroll during their employer's open enrollment period.
To fill out a flexible spending account, employees must estimate their annual out-of-pocket medical and dependent care expenses.
The purpose of a flexible spending account is to save money on eligible out-of-pocket expenses by using pre-tax dollars.
Employees must report their estimated annual out-of-pocket medical and dependent care expenses.
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