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Why use flexible benefits?

Benefits flexible
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Why use flexible benefits?

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Flexible benefit programs allow participants to exclude from taxable income any money contributed to these plans. The three parts to the Penn State’s flexible benefit program are: • Contribution Conversion • Health Care Flexible Spending Account (FSA) • Dependent Day Care Expense Flexible Spending Account (FSA) Each part of the flexible benefit plan allows you to exclude from taxable income any money contributed to them.

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