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an account to which an employee contributes a portion of earnings to pay for certain expenses such as medical and dependent care: contributions are exempt from payroll taxes.
Abbreviation: FSA.


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    [fleks] /flɛks/ verb (used with object) 1. to bend, as a part of the body: He flexed his arms to show off his muscles. 2. to tighten (a muscle) by contraction. verb (used without object) 3. to bend. noun 4. the act of flexing. 5. British. 6. Mathematics. an inflection point. /flɛks/ noun 1. (Brit) […]

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