Bipartisan legislation would create flexible spending accounts to help families save on health care and child care expenses
February 19, 2011 (Washington, D.C). – At a press conference February 17, U.S. Senator Barbara Boxer (D-CA) and Congresswoman Loretta Sanchez (CA-47) announced their new legislation that would provide flexible spending accounts for service members. Flexible spending accounts would result in savings for military families by allowing service members to set aside part of their income before taxes to cover out-of-pocket child care and health care expenses such as co-pays, dental care and eye glasses.
This benefit is currently available to civilian employees at the Department of Defense, but not to uniformed service members.