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? about FSA's (Flexible spending accounts)...

Posted By Message

Celt
~~~~~~~~~~

Member since 4/08

7758 total posts

Name:
colette

? about FSA's (Flexible spending accounts)...

Unsolved mystery (for me, anyway Chat Icon )

What's the deal with the leftover $, where does it go? Every year the contribution level is a guessing game for me, and last year I forfeited over $1K in unused FSA $. So what gives, where does all that money go?

Posted 11/17/08 11:05 PM
 
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Angel321
...

Member since 4/08

15553 total posts

Name:

Re: ? about FSA's (Flexible spending accounts)...

it goes bye bye - where into the economy does it go? I don't know...BUT...

realize that you can use it on Tylenol, Immodium, Pepto, vitamins, (possibly) band aids...

check out drugstore.com - they list which things are FSA...

Posted 11/18/08 12:01 AM
 

tourist

Member since 5/05

10425 total posts

Name:

Re: ? about FSA's (Flexible spending accounts)...

I believe it goes back to the employer.

You can use it on lots of OTC drugs. Duane Reade & Rite Aid tell you on your receipt was was FSA eligible. I just learned that Halls cough drops were! Chat Icon I had no idea.

Posted 11/18/08 12:06 AM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: ? about FSA's (Flexible spending accounts)...

last year I had $500 left and did a giant shopping trip to drugstore.com.

Don't let it expire, you should use it.

My friend had $2K left and bought a telescope at her opticians office. For some reason she was able to do that.Chat Icon

Posted 11/18/08 7:19 AM
 

JodiBabe
Married for 9 yrs!!!!!!

Member since 5/05

6672 total posts

Name:
Jodi

Re: ? about FSA's (Flexible spending accounts)...

I always run out of $$ in my FSA & I do the MAX $2K. I just had my DH do $500 from his employer (to start with) but his is a reimbusement account not a debit account like mine. Chat Icon

Posted 11/18/08 10:08 AM
 

EckoRed81504
We are complete <3

Member since 12/07

6299 total posts

Name:
April

Re: ? about FSA's (Flexible spending accounts)...

It goes to your company.

Posted 11/18/08 10:50 AM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: ? about FSA's (Flexible spending accounts)...

Posted by JodiBabe

I always run out of $$ in my FSA & I do the MAX $2K. I just had my DH do $500 from his employer (to start with) but his is a reimbusement account not a debit account like mine. Chat Icon



you guys have a max?

Posted 11/18/08 10:51 AM
 

EckoRed81504
We are complete <3

Member since 12/07

6299 total posts

Name:
April

Re: ? about FSA's (Flexible spending accounts)...

Posted by Blu-ize


My friend had $2K left and bought a telescope at her opticians office. For some reason she was able to do that.Chat Icon



How'd she pull that one off? Technically isn't it fraud?

Posted 11/18/08 10:52 AM
 

JodiBabe
Married for 9 yrs!!!!!!

Member since 5/05

6672 total posts

Name:
Jodi

Re: ? about FSA's (Flexible spending accounts)...

Posted by Blu-ize

Posted by JodiBabe

I always run out of $$ in my FSA & I do the MAX $2K. I just had my DH do $500 from his employer (to start with) but his is a reimbusement account not a debit account like mine. Chat Icon



you guys have a max?



Unfortunately Yes!

Posted 11/18/08 10:54 AM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: ? about FSA's (Flexible spending accounts)...

Posted by JodiBabe

Posted by Blu-ize

Posted by JodiBabe

I always run out of $$ in my FSA & I do the MAX $2K. I just had my DH do $500 from his employer (to start with) but his is a reimbusement account not a debit account like mine. Chat Icon



you guys have a max?



Unfortunately Yes!



we have a max too but it's $10K

Posted 11/18/08 11:31 AM
 
 

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