Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Get immediate answers to your questions from a wide network of experienced professionals on our Q&A platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.
Sagot :
Money that can be used for any purpose is known as option D: Flexible spending.
What do you mean by Flexible spending?
Money in flexible spending accounts is not taxed, so employees get more take-home pay.
The main advantages of flexible spending accounts are:
Money spent in flexible spending accounts can be deducted from your gross income, which means that you will end up paying less taxes.
Some auxiliary healthcare costs are not covered by health insurance (e.g. OTC prescriptions, diagnostic tests, travel vaccines, etc.) but can be paid by flexible spending accounts.
Learn more about spending, refer to the link:
https://brainly.com/question/22862643
#SPJ1
Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.