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The company hopes to work with employers to make the product eligible for pretax commuter benefits.

One nice perk of health savings accounts is that any money deposited is pretax, meaning Uncle Sam can’t touch it.

While both the FSA and HSA let people save money pretax for medical expenses, that’s generally where the similarities lie.

The company had pretax losses of $12.5 million in 2024, compared with a pretax profit of $2.3 million in 2022, according to its filing.

Parents can currently set aside pretax dollars in a flexible spending account to spend on child-care costs, for example.