Comments on: Year-end checklists for flexible spending accounts http://www.mightybargainhunter.com/2007/11/18/year-end-checklists-for-flexible-spending-accounts/ Personal finance, commentary, and spending less the easy way Fri, 19 Mar 2010 14:24:44 -0400 http://wordpress.org/?v=2.8.6 hourly 1 By: FinanceIsPersonal.com http://www.mightybargainhunter.com/2007/11/18/year-end-checklists-for-flexible-spending-accounts/comment-page-1/#comment-104843 FinanceIsPersonal.com Sat, 24 Nov 2007 05:01:11 +0000 http://www.mightybargainhunter.com/2007/11/18/year-end-checklists-for-flexible-spending-accounts/#comment-104843 Great list. I have crappy teeth, so if I ever have money left over on one of these things, I get something fixed in my mouth! Great list. I have crappy teeth, so if I ever have money left over on one of these things, I get something fixed in my mouth!

]]> By: Free Money Finance http://www.mightybargainhunter.com/2007/11/18/year-end-checklists-for-flexible-spending-accounts/comment-page-1/#comment-104738 Free Money Finance Fri, 23 Nov 2007 11:19:58 +0000 http://www.mightybargainhunter.com/2007/11/18/year-end-checklists-for-flexible-spending-accounts/#comment-104738 <strong>Star Money Articles for the Week of November 19...</strong> Here are some recent interesting posts from the MoneyBlogNetwork and beyond: AllFinancialMatters tells how to calculate compound growth. MightyBargainHunter covers flexible spending accounts. Five Cent Nickel hates Dish Network. Blueprint for Financial... Star Money Articles for the Week of November 19…

Here are some recent interesting posts from the MoneyBlogNetwork and beyond: AllFinancialMatters tells how to calculate compound growth. MightyBargainHunter covers flexible spending accounts. Five Cent Nickel hates Dish Network. Blueprint for Financial…

]]> By: Academics Blogs » Blog Archive » From Around the Blogosphere… (11/18/07) http://www.mightybargainhunter.com/2007/11/18/year-end-checklists-for-flexible-spending-accounts/comment-page-1/#comment-104367 Academics Blogs » Blog Archive » From Around the Blogosphere… (11/18/07) Wed, 21 Nov 2007 03:17:21 +0000 http://www.mightybargainhunter.com/2007/11/18/year-end-checklists-for-flexible-spending-accounts/#comment-104367 [...] Year-end checklists for flexible spending accounts @ MBH [...] [...] Year-end checklists for flexible spending accounts @ MBH [...]

]]> By: Matthew Paulson http://www.mightybargainhunter.com/2007/11/18/year-end-checklists-for-flexible-spending-accounts/comment-page-1/#comment-104069 Matthew Paulson Mon, 19 Nov 2007 00:10:02 +0000 http://www.mightybargainhunter.com/2007/11/18/year-end-checklists-for-flexible-spending-accounts/#comment-104069 Great advice, it'll definitely come in handy when I get a FSA when I get a real job in may! Great advice, it’ll definitely come in handy when I get a FSA when I get a real job in may!

]]> By: CF http://www.mightybargainhunter.com/2007/11/18/year-end-checklists-for-flexible-spending-accounts/comment-page-1/#comment-104063 CF Sun, 18 Nov 2007 23:12:42 +0000 http://www.mightybargainhunter.com/2007/11/18/year-end-checklists-for-flexible-spending-accounts/#comment-104063 Interesting this comes up now, because I have some pretty specific questions about FSAs that I haven't been able to answer: 1) My company offers supplemental insurance which covers copays, prescription, dental, etc - basically anything medical not covered by our primary insurance. The max. reimbursed is based on your tenure with the company and your salary. My wife's company offers a FSA, in which we have not participated, but I just want to be sure - I can't use pre-tax dollars under the FSA to pay for an expense and then get reimbursed by my supplemental insurance, right? I'm sure I know the answer, but haven't seen it anywhere. 2) My company was just bought by a larger company who does not offer the supplemental insurance - nothing has been announced, but there's a good chance it will be removed in 2008. Is that considered a "significant" event, in that we could THEN enroll in my wife's FSA even though it wasn't during open enrollment? 3) When using the FSA for child-care expenses, does that disqualify/affect you for the childcare credit on your taxes? If so, what's the math to figure out which one is more beneficial? Thanks in advance for any help! Interesting this comes up now, because I have some pretty specific questions about FSAs that I haven’t been able to answer:

1) My company offers supplemental insurance which covers copays, prescription, dental, etc – basically anything medical not covered by our primary insurance. The max. reimbursed is based on your tenure with the company and your salary. My wife’s company offers a FSA, in which we have not participated, but I just want to be sure – I can’t use pre-tax dollars under the FSA to pay for an expense and then get reimbursed by my supplemental insurance, right? I’m sure I know the answer, but haven’t seen it anywhere.

2) My company was just bought by a larger company who does not offer the supplemental insurance – nothing has been announced, but there’s a good chance it will be removed in 2008. Is that considered a “significant” event, in that we could THEN enroll in my wife’s FSA even though it wasn’t during open enrollment?

3) When using the FSA for child-care expenses, does that disqualify/affect you for the childcare credit on your taxes? If so, what’s the math to figure out which one is more beneficial?

Thanks in advance for any help!

]]> By: Lisa http://www.mightybargainhunter.com/2007/11/18/year-end-checklists-for-flexible-spending-accounts/comment-page-1/#comment-104009 Lisa Sun, 18 Nov 2007 16:00:08 +0000 http://www.mightybargainhunter.com/2007/11/18/year-end-checklists-for-flexible-spending-accounts/#comment-104009 This is actually a great lesson in how FSA's work as well. I will be eligible for one soon and this was great reading so that I know what to expect. This is actually a great lesson in how FSA’s work as well. I will be eligible for one soon and this was great reading so that I know what to expect.

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