While these are quite useful configurations, many people forfeit the remaining cash in these accounts at year’s end. The IRS has instituted this change for 2014.
Here’s the link to the details.
If you find my information helpful, I would appreciate you spreading the work by liking, commenting and sharing this with your friends and/or coworkers.
I will also help review your life insurance policy…see below.
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Wow, it’s about time…well, at least for 2014 up to $500 can be used in the following year! No more use it or lose it.
If your employer offers an FSA (flexible spending account) you are aware that you must mange closely both contributions and withdrawals from these accounts. Employee’s put pre-tax dollars in and take pre-tax dollars out for certain un-reimbursed medical expenses.
While these are quite useful configurations, many people forfeit the remaining cash in these accounts at year’s end. The IRS has instituted this change for 2014.
Here’s the link to the details.
If you find my information helpful, I would appreciate you spreading the work by liking, commenting and sharing this with your friends and/or coworkers.
I will also help review your life insurance policy…see below.
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