Looking for creative ways to boost your retirement savings? Don’t sleep on the benefits of a Flexible Spending Account (FSA)! As someone late to saving for retirement, I became an expert in finding every conceivable way to increase my retirement savings as quickly as possible. If you are looking to save money, an FSA can be a great tool for you, too.
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One full year had gone by since I started my social work position with my local county. It turned out to be a job that I loved. But I had to wonder if I was taking advantage of all my benefits. Using an FSA to save money on health care hadn’t been on my radar.
As my focus on financial independence and catching up my retirement savings became stronger, I decided to find out more about this money-saving, tax optimization tool.
Here is what I learned about Flexible Spending Accounts . . .
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