PRE-TAX FLEXIBLE SPENDING ACCOUNTS CATCH ON IN STATES.

• Position: Brief Article

Employees of 38 state governments now have access to pre-tax flexible spending accounts to assist with health care and related expenditures, according to the 2000 State Employee Benefits Survey published by Workplace Economics, an economics consulting firm. Under these plans, employees may designate a specified portion of their salary to be placed in an individual account on a pretax basis. The employee may draw upon money in the account during the year to...