The flexible-spending-account tag has no wiki summary.
3
votes
2answers
98 views
If I don't participate in my employer-sponsored FSA, can I open my own HSA?
My employer offers/manages an FSA (Flexible Spending Account) as part of my health care plan. I put in $800 last year and barely managed to use it up, including expenses in the allowed grace period ...
4
votes
4answers
112 views
What's the best way to handle FSA transactions in light of a pregnancy?
If a worker makes contributions to a dependent-care Flexible Spending Account, and that worker expects she will be on maternity leave for a portion of the year, much of which will be "unpaid", what is ...
7
votes
3answers
3k views
If I leave my job, what happens to my flex spending account?
I am about to decide how much money to set aside for my 2013 Flexible Spending Account (FSA). (The max this year is $2500.) But I am wondering what happens if I switch employers during the year. Does ...
3
votes
2answers
102 views
Who should claim Flexible Spending Account in a household
Suppose my wife and I both can claim FSA but the max is 5k. And suppose we both have two dependents on our w-4. The big difference is lets say I get paid 100k and she gets 50k. Who is the better ...
4
votes
4answers
109 views
Can a single medical expense be reimbursed from multiple flexible spending accounts?
My flex account has a grace period until March 15. So operations done before March 15 can be submitted towards last year's (2011) flex account or this year's (2012) flex account. But what if last ...
1
vote
1answer
127 views
Is it possible to use an FSA to pay for an individual health plan's premium?
I'm asking a follow-up to my other question...
I'm currently enrolled in an FSA for my employer sponsored health plan. I'm considering leaving that health plan in favor of an individual (non-HSA) ...
2
votes
1answer
120 views
Why would I enroll in a Limited Purpose FSA, on top of an HSA?
Open enrollment is coming up and I have the option to open both an HSA and a limited purpose FSA, which only covers dental and vision expenses. Why would I participate in both?
8
votes
1answer
331 views
Difference between Health Savings Account (HSA) & Flexible Spending Account (FSA)?
What is the practical difference between a Health Savings Account and a Flexible Spending Account? What are the pro's and con's of each, and are there situations where either is best?
6
votes
2answers
218 views
What are some good ways to spend FSA money?
I have an FSA and contributed $400 to it. I made this decision in October, thinking that I would need some dental work in the coming here. Two weeks after submitting my form, I chipped the tooth and ...
5
votes
1answer
292 views
How can we use up our Flex Spending Account (FSA) before the end of the year?
My husband and I signed up for a Flex Spending Account for the first time this past year. We've got about $100 left over now, in mid-November, and I've been told that money will disappear if we don't ...
