Tips for using a flexible spending account

A health care flexible spending account (FSA) is one tool employees can use to get the most bang for their buck when it comes to health care expenses. Employees contribute money to the accounts pre-tax and use them to pay for qualified medical expenses. Employees can save hundreds of dollars a year, depending on salary, tax bracket and a few other factors.

But only about 37 percent of employees used health FSAs in 2010, according to a June report by the Congressional Research Service that cited…