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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 pre-tax from the employee's paycheck.
money in the account can be used only for health-related 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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