Take advantage of tax breaks with flexible spending accounts.

Consumer-driven health plans, flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), and medical savings accounts (MSAs) — known collectively as health care spending accounts — are becoming more popular. One of the most popular is the FSA, an employer-sponsored account that offers you a way to pay for certain out-of-pocket health care or dependent care costs on a pre-tax basis.

Dental and vision care count as reimbursable medical expenses under FSA arrangements, so don't forget to save your receipts for these services.