PersonalFinance
- Health
What is an FSA?
Understanding the basics of FSA A Flexible Spending Account (FSA) is a type of tax-advantaged savings account that allows you to set aside a portion of your pre-tax salary to pay for qualified medical, dental, and vision expenses. FSAs are offered through your employer and can help you save money on healthcare costs. There are two types of FSAs: Healthcare…
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What is a Cashier’s Check?
Why Do People Use Cashier’s Checks? Cashier’s checks are a widely used form of payment that is guaranteed by the issuing bank. They are often preferred over personal checks because they provide a higher level of security and assurance to the recipient that the funds are available. Here are some common reasons why people use cashier’s checks: Large transactions: Cashier’s…
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