What Is a Flexible Spending Account?

Did you know that you could put money aside just to be used for medical expenses? Using a Flexible Spending Account is pre-taxed and gets set aside right from your paycheck. Learn more about Flexible Spending Accounts.

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SPEAKER: Brandal has a medical condition. But thanks to Blue Cross and Blue Shield of New Mexico it's been much easier to manage his medical finances. It's because Brandal elected to open a flex spending account. With his new flex spending account Brandal can set aside a portion of his earnings on a pre-tax basis for the sole purpose of paying medical expenses. That way it's easier for Brandal to pay his medical visits and his prescription medications. Now Brandal doesn't have to worry about how to manage his medical finances. Investigate how you too can get a flexible spending account through your employer today.