Flexible Spending Accounts: A Tax-Advantaged Way to Pay for Expenses

This webinar delves into how Flexible Spending Accounts (FSAs) can support service members and their families in paying for dependent care expenses. The webinar provides an overview of how to enroll and manage FSAs. The session also covers military family service providers tips on how to tailor FSAs to service member-specific circumstances such as Permanent Change of Station moves.

Learning Objectives:

By the end of this webinar, attendees will be able to:

• Understand FSA enrollment requirements and account management.
• Explain how a Flexible Spending Account (FSA) works and why it can help eligible Service members save money by reducing your taxable income.
• Learn how to tailor FSAs to Service member-specific circumstances.
• Articulate the differences between Dependent Care Flexible Spending Account (DCFSA) and Health Care Flexible Spending Account (HCFSA).

Update: New Service member population now eligible. Since the 25 September FSA webinar, eligibility to enroll in an FSA was expanded to members of the National Guard performing active Guard Reserve (AGR) duty. These members are also referred to as AGRs performing duty pursuant to Title 32 U.S.C 502(f).