Thu. Nov 21st, 2024

ABCs of FSAs Save money with pretax accounts

November 28, 2023

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A flexible spending account may be a good option for Postal Service employees who wear eyeglasses, visit the dentist more than twice a year, or have other needs.

Flexible spending accounts, or FSAs, allow employees to set aside money on a pretax basis to pay for health care and dependent care expenses.

USPS employees can enroll in an FSA during this year’s open season, which runs until Dec. 11.

The FSAFEDS website has the most recent information on the maximum contributions for health care and dependent care FSAs, as well as carryover limits.

The Open Season and FSA LiteBlue pages also have information.

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