What are the differences between a medical flexible spending account (FSA) and a health savings account (HSA)? Both are tax-favored accounts that allow participants to pay for qualifying medical expenses with pretax dollars, but each is governed by different legislation with different requirements.

In Notice 2018-12, released March 5, the IRS has taken the position that benefits for male sterilization and male contraceptives are not preventive care under Code Section 223.