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A disadvantage of a flexible savings account is that contributions are not deducted pre - tax from the employee's paycheck. money in the account can
A disadvantage of a flexible savings account is that
contributions are not deducted pretax from the employee's paycheck.
money in the account can be used only for healthrelated expenses.
the organization determines the amount that each employee may contribute.
unused money in the account is forfeited to the Internal Revenue Service.
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