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Deadline Looms for Flexible Spending Accounts

 

A deadline is fast approaching for some owners of flexible-spending accounts.

March 15 is the last day to take advantage of money they set aside in 2007 in these accounts, known as FSAs.

If they miss that deadline, they will forfeit the funds.

FSAs are a popular employee benefit. Workers can put money via paycheck deductions into the accounts, typically for medical or childcare costs, to pay costs not covered by insurance. ...

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