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Can You Transfer Fsa To Bank Account? [Solved]
No, you can use funds only for the purpose for which the election was initially made. IRS regulations do not allow funds to be transferred or commingled between accounts. So, the money in your Health Care FSA may only be used for health care expenses and your Dependent Care FSA may only pay for dependent care expenses.
Can you withdraw cash from HSA card?
Can you
Health Savings Accounts Part 3 - How to Withdraw, when to Withdraw, Finance Tips
Originally published on WCYB 12/18/17 Carrier, Maurice and Webb Wealth Advisors http://www.cmwwealth.com/
Dependent Care FSA Explained | How to Save Taxes on Childcare
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