Pamela HerdDec 26, 2022
We (w/@donmoyn) argue in the Post that Flexible Savings Accounts are confusing, difficult to use, and enact a high time tax. They’re also benefits that skew to the highest earners.
https://www.washingtonpost.com/opinions/2022/12/26/flexible-spending-account-is-flawed-benefit/
How a tool that’s supposed to help you save could be wasting your time

It's not just that you have to use it or lose it. The flexible savings account is a regressive benefit that wastes time and money.

The Washington Post
Show threadAmy Summerville
@pamela_herd And only 40% of employers even offer dependent care FSAs! Which is great because childcare is so affordable already.
Dec 27, 2022 at 2:41pmWeb