Congressmen Charles Boustany, R-La., and John Larson, D-Conn., introduced the Medical Flexible Spending Account Improvement Act, which would allow consumers to withdraw and pay taxes on any residual funds in their medical flexible spending accounts.

Fewer employees are placing a high priority on managing and improving their health, according to a recent Towers Watson survey of more than 9,000 large- and mid-size employees.

Many middle-income Americans not using professional retirement advice wrongly think they can plan without help, don't have enough assets to require an advisor or can't afford advisor's fees.