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Smart, simple savings What is an FSA? An FSA is a Flexible Spending Account that allows you to set aside money on a pretax basis to pay for eligible healthcare and/or dependent day care expenses.

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What is simple savings?

Simple savings is a type of financial account where individuals deposit money for future use and earn interest.

Who is required to file simple savings?

Individuals who have a simple savings account are required to file for tax purposes.

How to fill out simple savings?

Simple savings can be filled out by providing information such as account number, interest earned, and contributions.

What is the purpose of simple savings?

The purpose of simple savings is to help individuals save money and earn interest on their deposits.

What information must be reported on simple savings?

Information such as account balance, interest earned, and contributions must be reported on simple savings.

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