Comments on: Health Care Flexible Spending Account (FSA) http://moneyning.com/money-tips/health-care-flexible-spending-account-fsa/ A personal finance blog where we share insights on carefully saving money, investing, frugal living, coupons, promo codes because the little things matter in achieving financial freedom! Sat, 11 Feb 2012 19:58:22 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: MoneyNing http://moneyning.com/money-tips/health-care-flexible-spending-account-fsa/comment-page-1/#comment-49556 MoneyNing Wed, 24 Aug 2011 03:34:55 +0000 http://moneyning.com/?p=1705#comment-49556 The FSA limit is set by the IRS, so no, you cannot have more than the annual limit even if you change jobs. Furthermore, most companies only allow you to enroll in the program once a year so you have to wait until the next go around anyway. The FSA limit is set by the IRS, so no, you cannot have more than the annual limit even if you change jobs. Furthermore, most companies only allow you to enroll in the program once a year so you have to wait until the next go around anyway.

]]> By: Melanie http://moneyning.com/money-tips/health-care-flexible-spending-account-fsa/comment-page-1/#comment-49555 Melanie Wed, 24 Aug 2011 02:08:07 +0000 http://moneyning.com/?p=1705#comment-49555 I know this is a fairly old post, but I will be starting a second job soon. I maxed out the FSA limit at my day job. Can I take advantage of the FSA at the second job or will I be exceeding some federal limit? I have a chronic illness, so I have significant annual medical costs. I know this is a fairly old post, but I will be starting a second job soon. I maxed out the FSA limit at my day job. Can I take advantage of the FSA at the second job or will I be exceeding some federal limit? I have a chronic illness, so I have significant annual medical costs.

]]> By: bartolomo http://moneyning.com/money-tips/health-care-flexible-spending-account-fsa/comment-page-1/#comment-12021 bartolomo Sat, 22 Nov 2008 20:52:35 +0000 http://moneyning.com/?p=1705#comment-12021 Good info. If you don't use FSA, you're paying taxes you don't need to pay. Good info. If you don’t use FSA, you’re paying taxes you don’t need to pay.

]]> By: Jess http://moneyning.com/money-tips/health-care-flexible-spending-account-fsa/comment-page-1/#comment-11993 Jess Fri, 21 Nov 2008 19:24:16 +0000 http://moneyning.com/?p=1705#comment-11993 I will be going into my third year of utilizing a Health Care FSA and I LOVE IT... My employer also has a fund that it splits amongst the employees who sign up and we will receive an additional $50 (at least) in our FSA. I was only disappointed when I used up all of what I had allocated before the 4th quarter. :( I can say I've only ever had to submit one or two receipts, but I always hang on to them. The only pain is, if I purchase multiple items, I have to split up my order at the check out. Otherwise, I've found it to be a smooth process (though, in the past, I had heard otherwise, but things are continually improving). I will be going into my third year of utilizing a Health Care FSA and I LOVE IT… My employer also has a fund that it splits amongst the employees who sign up and we will receive an additional $50 (at least) in our FSA. I was only disappointed when I used up all of what I had allocated before the 4th quarter. :(

I can say I’ve only ever had to submit one or two receipts, but I always hang on to them. The only pain is, if I purchase multiple items, I have to split up my order at the check out. Otherwise, I’ve found it to be a smooth process (though, in the past, I had heard otherwise, but things are continually improving).

]]>