With only a few weeks left before 2019 comes to a close…

With only a few weeks left before 2019 comes to a close, here’s something to think about:

If you contribute to a health flexible spending account, check whether you have a balance remaining. You must generally empty it by December 31, or you will forfeit any money still in your account.

 If you don’t currently have a health FSA, consider electing to contribute one for 2020. You can put up to $2,750 of your pre-tax pay into your employer’s health FSA to cover out-of-pocket medical expenses, and amounts contributed to an FSA escape federal income tax as well as payroll taxes.