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A flexible spending account allows you to set aside money on a
tax-free basis and use the money to pay yourself back tax-free for the
eligible expenses you and your dependents incur over the course of the
year.
MSU employees can set aside money through two
programs - Careflex and Mediflex.
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Careflex |
Lets you set aside money for
dependent child and adult care expenses. |
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and |
|
Mediflex |
Lets you
set aside money for eligible
un-reimbursed medical expenses for you and
your family. |
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