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re: Flexible Spending Accounts for medical costs - use it or lose it?
Posted on 11/13/23 at 12:11 pm to Nature Boy
Posted on 11/13/23 at 12:11 pm to Nature Boy
Why would you choose an FSA over HSA? Just what the employer offers?
This post was edited on 11/13/23 at 12:12 pm
2
Posted on 11/13/23 at 12:23 pm to WhiskeyThrottle
quote:
Why would you choose an FSA over HSA? Just what the employer offers?
Some health care options won't allow an HSA.
I have an HSA for healthcare, but an FSA for dependent care(after school, camps, etc) for my kids. You can deduct up to $5k a year in taxes using that.
After being passed around and around at Optum, I finally got someone to tell me that apparently my payroll dept took one too many deductions from my paycheck in 2022 and I have $192 sitting there that I can't get to. I just reached out to my payroll to tell them, so I'm hoping they'll get it back to me, but it's been a pain trying to figure out why they wouldn't reimburse me that last amount.
Posted on 11/13/23 at 12:26 pm to WhiskeyThrottle
No one that qualifies for an HSA would.
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