Spend & Save
Accounts That Help You Save
Michaels offers a few different ways to help you pay for eligible health care expenses, including options for reducing your taxable income. A flexible spending account (FSA) allows you to set aside tax-free money to help pay for eligible out-of-pocket expenses. Depending on your chosen medical plan, Michaels may contribute money to either a Health Savings Account (HSA) or a Health Reimbursement Account (HRA).
