Flexible spending accounts (FSAs) are popular with employees because they permit the use of pretax dollars for payment of medical expenses and dependent care costs.
If you use an FSA, be aware that changes are scheduled beginning next year. As part of the health care reform law passed in 2010, there will be a dollar limit on the amount that can be set aside for medical expenses. Effective for plan years starting in 2013, the maximum set-aside for medical expenses will be $2,500.
The limit on what can be set aside for dependent care costs will not change; it remains at $5,000.
Keep an eye on any upcoming legislation that could change these rules again.
how to learn chinese language here