Flexible spending accounts are earnings you can instruct your employer to set aside on a tax-free basis to pay for specific eligible expenses such as healthcare and child chare. To deal with them in ESPlanner just enter your earnings net of the amount you are contributing to your flexible spending accounts and do NOT enter as a special expenditure the amount that will be covered by (paid for from) these accounts.
Disclaimer: ESPlannerBASIC, ESPlanner, ESPlannerPLUS and ESPlannerPRO, are educational calculators designed to give users input in mapping out financial futures, but should not be acted upon as a complete financial plan. The creators of these programs are not certified, registered, authorized, or any other type of financial planners. These programs are simply tools for helping you think through economic futures. Its "recommendations" should be viewed as informative inputs into your own decision-making with respect to saving and the purchase of life insurance. ESPlannerBASIC, ESPlanner, ESPlannerPLUS and ESPlannerPRO provide neither economic, financial nor tax advice, which can only be delivered to you by authorized professionals.
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