Tech-based health devices are all the rage, but here’s something you might not know: If you have a flexible spending account (FSA) for out-of-pocket medical costs, you may be able to use that money to purchase a wide range of high-tech health items. What is a flexible spending account?An FSA is money you can set aside to pay for healthcare-related expenses like copayments, deductibles and some medications.
The big deal about an FSA is that you don’t pay taxes on the money in the account. And no payroll taxes means more money in your paycheck — like an average of 30% more — and less taxable in...
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