00:00Consider a Flexible Spending Account, FSA.
00:03A Flexible Spending Account, FSA allows you to save pre-tax dollars for healthcare expenses reducing your taxable income.
00:12FSAs can be used for medical, dental, and vision expenses, but remember that they have a USET or LOSET rule meaning you need to spend the money within the plan year or forfeit it.
00:23Properly managing your FSA can lead to significant tax savings.