Remove 2021 Remove 2024 Remove Government Agency Remove Security
article thumbnail

How Enrolling in an FSA Can Help Beat Rising Costs

GovLoop

Health care costs rose faster in 2021 than they have in at least ten years. And since federal income and Social Security taxes are based on that income, you’ll pay less in taxes. The FSAFEDS program provides tax savings for participating government agencies and their employees. Childcare and elder care also went up.