Comments on: Flexible Spending Accounts Provide Free Money. Why Pass It Up? http://lenpenzo.com/blog/id823-flexible-spending-accounts-provide-free-money-why-pass-it-up.html The off-beat personal finance blog for responsible people Fri, 30 Jul 2010 18:27:26 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: Susan Tiner http://lenpenzo.com/blog/id823-flexible-spending-accounts-provide-free-money-why-pass-it-up.html/comment-page-1#comment-1833 Susan Tiner Fri, 20 Nov 2009 20:39:21 +0000 http://lenpenzo.com/blog/?p=823#comment-1833 One way to mitigate the risk of losing FSA funds is to estimate expenses, then allocate a smaller percentage of the estimate to your FSA. So if you spent $1,000 out of pocket last year, you might put 75% of that, $750 in your FSA for the next year. One way to mitigate the risk of losing FSA funds is to estimate expenses, then allocate a smaller percentage of the estimate to your FSA. So if you spent $1,000 out of pocket last year, you might put 75% of that, $750 in your FSA for the next year.

]]> By: Len Penzo http://lenpenzo.com/blog/id823-flexible-spending-accounts-provide-free-money-why-pass-it-up.html/comment-page-1#comment-1807 Len Penzo Wed, 18 Nov 2009 03:47:50 +0000 http://lenpenzo.com/blog/?p=823#comment-1807 That is a great advantage of Health Savings Accounts (HSAs) over FSAs! Of course, as you know, not everybody qualifies for HSAs; you have to have a high deductible health plan - otherwise known to most people as catastrophic health insurance. That is a great advantage of Health Savings Accounts (HSAs) over FSAs! Of course, as you know, not everybody qualifies for HSAs; you have to have a high deductible health plan – otherwise known to most people as catastrophic health insurance.

]]> By: Len Penzo http://lenpenzo.com/blog/id823-flexible-spending-accounts-provide-free-money-why-pass-it-up.html/comment-page-1#comment-1806 Len Penzo Wed, 18 Nov 2009 03:35:35 +0000 http://lenpenzo.com/blog/?p=823#comment-1806 I bet you were a hit with your friends that Channukah, Yakira - I mean, who <em>doesn't</em> love the gift of cough syrup! ;-) But seriously, I think you make some excellent points regarding additional benefits of FSAs - I completely forgot to mention the dependent care FSA. I bet you were a hit with your friends that Channukah, Yakira – I mean, who doesn’t love the gift of cough syrup! ;-)

But seriously, I think you make some excellent points regarding additional benefits of FSAs – I completely forgot to mention the dependent care FSA.

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