Comments on: How Does A Flexible Spending Account Work? http://www.bargaineering.com/articles/how-does-a-flexible-spending-account-work.html personal finance blog with anecdotes, advice and commentary. Sun, 08 Nov 2009 14:07:29 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: jim http://www.bargaineering.com/articles/how-does-a-flexible-spending-account-work.html/comment-page-1#comment-294541 jim Tue, 06 Jan 2009 04:57:11 +0000 http://www.bargaineering.com/articles/how-does-a-flexible-spending-account-work.html#comment-294541 It depends on when your plan's year runs and whether you have a grace period. My first employer had a July to June year and had a one month grace period. That meant that you could spend money in July 2008 and still count it against the 2007 - 2008 plan year. Call your HR administrator to find out for sure. It depends on when your plan’s year runs and whether you have a grace period. My first employer had a July to June year and had a one month grace period. That meant that you could spend money in July 2008 and still count it against the 2007 – 2008 plan year. Call your HR administrator to find out for sure.

]]> By: Barry http://www.bargaineering.com/articles/how-does-a-flexible-spending-account-work.html/comment-page-1#comment-294540 Barry Tue, 06 Jan 2009 04:54:17 +0000 http://www.bargaineering.com/articles/how-does-a-flexible-spending-account-work.html#comment-294540 Can I pay for expenses I incurred last year using this year's Flex Benefits monies? I have some balances left over to pay. I have a Mastercard issued by the Flex Benefits administrator. Can I pay for expenses I incurred last year using this year’s Flex Benefits monies? I have some balances left over to pay. I have a Mastercard issued by the Flex Benefits administrator.

]]> By: Mercy http://www.bargaineering.com/articles/how-does-a-flexible-spending-account-work.html/comment-page-1#comment-294310 Mercy Wed, 31 Dec 2008 00:30:50 +0000 http://www.bargaineering.com/articles/how-does-a-flexible-spending-account-work.html#comment-294310 There's nothing technically wrong with this article, but the tone of it is dishonest. The author says that you can sneak non-reimbursable items through if the FSA people are not paying attention. Score! Right? Ugh. Bragging about it reminds me of when I was a cashier at a grocery store decades ago and people on Food Stamps would try to get me to let them buy cigarettes. FSAs are really great tools for tax saving and they sometimes make it possible to pay costs for unexpected expenses ahead of time. I'm sorry that some people are constantly looking for the way to cheat. There’s nothing technically wrong with this article, but the tone of it is dishonest. The author says that you can sneak non-reimbursable items through if the FSA people are not paying attention. Score! Right? Ugh. Bragging about it reminds me of when I was a cashier at a grocery store decades ago and people on Food Stamps would try to get me to let them buy cigarettes. FSAs are really great tools for tax saving and they sometimes make it possible to pay costs for unexpected expenses ahead of time. I’m sorry that some people are constantly looking for the way to cheat.

]]> By: Mad in Kansas City http://www.bargaineering.com/articles/how-does-a-flexible-spending-account-work.html/comment-page-1#comment-231751 Mad in Kansas City Sat, 03 May 2008 10:38:55 +0000 http://www.bargaineering.com/articles/how-does-a-flexible-spending-account-work.html#comment-231751 Looking at the flex spending on this site and have a question. I have left my job with a + money on my flex spending at the time I left. Now I did have a lot taken out but I was under the understanding that when I leave the funding would stop at that date. I found this want the case and my employer withdrew ALL the funds for the whole year. I could see if I spent x amount and was in the hole for the money to withhold the money. Have you ever heard of anything like this? Looking at the flex spending on this site and have a question. I have left my job with a + money on my flex spending at the time I left. Now I did have a lot taken out but I was under the understanding that when I leave the funding would stop at that date. I found this want the case and my employer withdrew ALL the funds for the whole year. I could see if I spent x amount and was in the hole for the money to withhold the money. Have you ever heard of anything like this?

]]> By: marlaine gaylor http://www.bargaineering.com/articles/how-does-a-flexible-spending-account-work.html/comment-page-1#comment-206592 marlaine gaylor Wed, 02 Jan 2008 20:05:15 +0000 http://www.bargaineering.com/articles/how-does-a-flexible-spending-account-work.html#comment-206592 Our company is working with MBI, a horrible managed company, however, I elected benefits, left the company. Came back as a new hire, and reinstated my flex benefit card, and after using it, they want receipts from January which I don't have. Used my card at Walgreens, so they temporarily suspended my card, so for the whole year, I could not use my card. Now this is 2008 and they still have my card suspended. this happen to anyone? Our company is working with MBI, a horrible managed company, however, I elected benefits, left the company. Came back as a new hire, and reinstated my flex benefit card, and after using it, they want receipts from January which I don’t have. Used my card at Walgreens, so they temporarily suspended my card, so for the whole year, I could not use my card. Now this is 2008 and they still have my card suspended. this happen to anyone?

]]> By: fivecentnickel.com http://www.bargaineering.com/articles/how-does-a-flexible-spending-account-work.html/comment-page-1#comment-781 fivecentnickel.com Wed, 10 Aug 2005 18:54:23 +0000 http://www.bargaineering.com/articles/how-does-a-flexible-spending-account-work.html#comment-781 <strong>Unsolicited eBay Advice</strong> I recently spent an afternoon listing a bunch of items for sale on eBay, and thought I’d pass on a few tips. These are a combination of things that I’ve found to be useful as an occassional seller of random stuff, as well as what I look fo... Unsolicited eBay Advice

I recently spent an afternoon listing a bunch of items for sale on eBay, and thought I’d pass on a few tips. These are a combination of things that I’ve found to be useful as an occassional seller of random stuff, as well as what I look fo…

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