What is an FSA and Will It Benefit You? A Flexible Spending Account (FSA) is an employer-established, tax-advantaged account funded by the employee. Read More Agency News, Employee Benefits, Employer Compliance, Glossary Terms, Insurance 101, Insurance in the News, San Diego, Understanding InsuranceJS Downey InsuranceJune 1, 2017J.S. Downey Insurance Serviceinsurance terms, obamacare, employer benefits, Flexible Spending AccountComment