Personal Finance
A
afford
ATM
auction
B
bailout
balance
bank
bankrupt
bankruptcy
bargain
bill
bonds
borrow
bought
budget
business
buy
C
capital
cash
cent
change
cheap
check
collateral
commodity
compound
coupon
credit
credit card
currency
D
debt
defecit
deposit
depression
dime
discount
diversify
dividend
dollar
donate
donation
donor
down payment
E
earn
earnings
economy
economics
economist
equity
estate
Euro
exchange
expense
expensive
F
finance
financier
fund
I
income
interest
invest
investment
investor
L
lend
lender
loan
loss
M
margin
market
money
mortgage
Nnickel
note
O
outgo
overdrawn
P
pay
payment
pence
penny
percentage
poor
portfolio
Pound
profit
purse
Q
quarter
R
rate
rebate
receipt
recession
rent
reserve
rich
risk
S
sale
save
savings
security
sell
seller
sold
spend
stocks
surplus
swap
T
tax
teller
thrifty
trade
treasury
V
value
vault
W
wallet
wealth
withdraw
Y
yield
Flexible Spending
A flexible spending account (FSA) is a tax-advantaged account offered by an employer so that employees can set aside part of their earnings to pay for qualified expenses. Monies deducted from employee earnings into an FSA account are not subject to payroll taxes, which results in savings for the employee. The most common expenses in these cafeteria-type benefit plans are medical and dependent care expenses.
Cafeteria plans, as defined in Section 125 of the Internal Revenue Code, are benefit programs that allow employees to select benefits from a "menu" of offerings. If a business offers an FSA with medical and dependent care options, employees can put money into each plan, but cannot switch monies from one plan to another.
afford
ATM
auction
B
bailout
balance
bank
bankrupt
bankruptcy
bargain
bill
bonds
borrow
bought
budget
business
buy
C
capital
cash
cent
change
cheap
check
collateral
commodity
compound
coupon
credit
credit card
currency
D
debt
defecit
deposit
depression
dime
discount
diversify
dividend
dollar
donate
donation
donor
down payment
E
earn
earnings
economy
economics
economist
equity
estate
Euro
exchange
expense
expensive
F
finance
financier
fund
I
income
interest
invest
investment
investor
L
lend
lender
loan
loss
M
margin
market
money
mortgage
Nnickel
note
O
outgo
overdrawn
P
pay
payment
pence
penny
percentage
poor
portfolio
Pound
profit
purse
Q
quarter
R
rate
rebate
receipt
recession
rent
reserve
rich
risk
S
sale
save
savings
security
sell
seller
sold
spend
stocks
surplus
swap
T
tax
teller
thrifty
trade
treasury
V
value
vault
W
wallet
wealth
withdraw
Y
yield
Flexible Spending
A flexible spending account (FSA) is a tax-advantaged account offered by an employer so that employees can set aside part of their earnings to pay for qualified expenses. Monies deducted from employee earnings into an FSA account are not subject to payroll taxes, which results in savings for the employee. The most common expenses in these cafeteria-type benefit plans are medical and dependent care expenses.
Cafeteria plans, as defined in Section 125 of the Internal Revenue Code, are benefit programs that allow employees to select benefits from a "menu" of offerings. If a business offers an FSA with medical and dependent care options, employees can put money into each plan, but cannot switch monies from one plan to another.
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