Flexible spending accounts
Term · Economic statistics · MLC-T-ECS-000748
Accounts that permit the participant to set aside funds (before taxes) for future eligible healthcare cost reimbursements (e.g., prescription costs, copays).
Note: Employees may designate the amount of funds allocated per year for themselves and their dependents. Flexible spending accounts are also referred to as health savings accounts and healthcare reimbursement accounts.
| Identifier | MLC-T-ECS-000748 |
|---|---|
| Field | Economic statistics |
| References | BLS Glossary |
Record as JSON
{
"id": "MLC-T-ECS-000748",
"term": "Flexible spending accounts",
"field": "Economic statistics",
"definition": "Accounts that permit the participant to set aside funds (before taxes) for future eligible healthcare cost reimbursements (e.g., prescription costs, copays).\n\nNote: Employees may designate the amount of funds allocated per year for themselves and their dependents. Flexible spending accounts are also referred to as health savings accounts and healthcare reimbursement accounts.",
"references": [
"BLS Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/flexible-spending-accounts/"
}
Record 736 of 2,141 in Economic statistics terminology (MLC-0116). Request the full dataset.