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What is the Flexible Spending Program?

April 26, 2017flexible program Spending

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What is the Flexible Spending Program?

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It is a program which allows you to pay for qualifying medical and/or dependent care expenses with pre-tax dollars. You can pledge up to $1,000 for medical and $5,000 for dependent care expenses. The “use it or lose it” rule applies, so pledge amounts must be considered carefully.