Set Your FSA Contribution From Last Year’s Medical Bills – Not the Maximum
The Quick Take
At open enrollment, base your health flexible spending account (FSA) contribution on last year’s costs that will repeat, like prescriptions, copays, glasses, and dental work. The money you put in skips federal income and payroll taxes, but what’s left at the plan’s deadline is lost, apart from any small carryover. Elect only what you’re sure to spend. Source
Ground Level News aggregates headlines from public feeds. This page shows a short summary only; the full article and all rights belong to Money Crashers.
Related
Local
Education Secretary McMahon’s $43K Furniture Order Draws Senate Pushback
Senators Murray and Baldwin asked Education Secretary McMahon to cancel a $43,278 office furniture order. Here’s what the law requires and what’s next. The…
Markets
Kobalt 302-Piece Mechanics Tool Set with Hard Case only $99 with Free Delivery!
This Kobalt 302-Piece Tool Set with Hard Case would make a great gift! Lowes has this Kobalt 302-Piece Standard (SAE) and Metric Mechanics Tool Set with Hard…
Markets
Financial stocks up to $2B with the highest and lowest short interest
Markets