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401k and FSA
gojira
post Dec 29 2010, 09:05 AM
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how many of you have already begun a retirement plan? and is anybody enrolled in FSA through their employer?
 
DoubleJ
post Dec 29 2010, 11:02 AM
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What is fsa? I do have a 401k that my employer matches.
 
gojira
post Dec 29 2010, 11:22 AM
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how long have you had it 401k plan? flexible spending account for reimbursement regarding medical related issues that health insurance may not cover




What Expenses Are Eligible for Reimbursement?

Any expense that is considered a deductible medical expense by the Internal Revenue Service and is not reimbursed through your insurance can be reimbursed through the Flexible Spending Account. Examples include:

* Fees paid to doctors, dentists, surgeons, chiropractors, psychiatrists, psychologists, and Christian Science practitioners Contact lenses and eyeglasses
* Fees for hospital services, qualified long-term care services, accident and health, and qualified long-term care insurance premiums, nursing services, laboratory fees, prescription medicines and drugs, and insulin.
* Acupuncture treatments
* Inpatient treatment at a center for alcohol or drug addiction
* Smoking-cessation programs and prescribed drugs to help nicotine withdrawal
* False teeth, hearing aids, crutches, wheelchairs, and guide dogs for the blind or deaf
* Fees in excess of reasonable and customary amounts allowed by your insurance
* Cost of vasectomies, hysterectomies and birth control
* Non-elective cosmetic surgery
* Co-payments on covered expenses
* Deductibles
* Braces
* Prescription drugs or prescription co-pays

via
 
brooklyneast05
post Dec 29 2010, 11:43 AM
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oh you fancy huh
 
DoubleJ
post Dec 29 2010, 11:44 AM
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Oh yeah...I have had both of those ever since I joined my current job last year.
 
gojira
post Dec 29 2010, 11:58 AM
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how much did you put for FSA? when i calculated all expenses not covered, it came up to $760

glasses being the most expensive
 
DoubleJ
post Dec 29 2010, 01:48 PM
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I do 250 a year
 

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