If you have access to health benefits at work, you may have the option to use a flexible spending account (FSA). Clark thinks it's a deal because you use pre-tax dollars to pay for eligible medical expenses. But did you know that it's a "use it or lose it" account? Clark explains how this works and why you want to spend every cent. Clark.com: Advice You Can Trust: SUBSCRIBE ► https://www.youtube.com/c/Clark NEWSLETTER ► https://clark.com/newsletters/ Follow Us for More Money Tips: Website ► https://clark.com/ Podcast ► https://clark.com/podcasts/ Twitter ► https://twitter.com/ClarkHoward Clark Howard Instagram ► https://www.instagram.com/theclarkdotcom/ Clark Howard Facebook ►https://www.facebook.com/clarkhoward/ Clark Deals Facebook ► https://www.facebook.com/clarkdeals Clark Deals Instagram ► https://www.instagram.com/clarkdeals/ For the very best deals and money-saving shopping tips ► www.clarkdeals.com Need Consumer Advice? Need advice? The Consumer Action Center is a free community resource for advice on money and consumer issues. Call 636-49C-LARK (636-492-5275) and a member of Team Clark will assist you as soon as possible. The Consumer Action Center is available Monday-Friday from 10 a.m. to 4 p.m. ET. If you found this video valuable, give it a like. If you know someone who needs to see it, share it. Leave a comment below with your thoughts. Add it to a playlist if you want to watch it later. Our Promise to You: At Clark.com and ClarkDeals.com, we do not get paid for endorsements or reviews of any product or service, nor do we allow advertisers to place paid content on our sites. ► https://clark.com/ad-disclosure/

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Flexible Spending Accounts: A “Use It or Lose It” Warning [NMTOQg3wd]

Flexible Spending Accounts: A “Use It or Lose It” Warning [NMTOQg3wd]

If you have access to health benefits at work, you may have the option to use a flexible spending account (FSA). Clark thinks it's a deal because you use pre-tax dollars to pay for eligible medical expenses. But did you know that it's a "use it or lose it" account? Clark explains how this works and why you want to spend every cent. Clark.com: Advice You Can Trust: SUBSCRIBE ► https://www.youtube.com/c/Clark NEWSLETTER ► https://clark.com/newsletters/ Follow Us for More Money Tips: Website ► https://clark.com/ Podcast ► https://clark.com/podcasts/ Twitter ► https://twitter.com/ClarkHoward Clark Howard Instagram ► https://www.instagram.com/theclarkdotcom/ Clark Howard Facebook ►https://www.facebook.com/clarkhoward/ Clark Deals Facebook ► https://www.facebook.com/clarkdeals Clark Deals Instagram ► https://www.instagram.com/clarkdeals/ For the very best deals and money-saving shopping tips ► www.clarkdeals.com Need Consumer Advice? Need advice? The Consumer Action Center is a free community resource for advice on money and consumer issues. Call 636-49C-LARK (636-492-5275) and a member of Team Clark will assist you as soon as possible. The Consumer Action Center is available Monday-Friday from 10 a.m. to 4 p.m. ET. If you found this video valuable, give it a like. If you know someone who needs to see it, share it. Leave a comment below with your thoughts. Add it to a playlist if you want to watch it later. Our Promise to You: At Clark.com and ClarkDeals.com, we do not get paid for endorsements or reviews of any product or service, nor do we allow advertisers to place paid content on our sites. ► https://clark.com/ad-disclosure/

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Aired: December 3rd 2024

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