1 / 1

Read This About Flexible Spending!

Read This About Flexible Spending!. By participating in a Flexible Spending Account , you can reduce the taxes you pay If you incur medical, dental or vision expenses, and/or if you have daycare expenses, you might be a candidate for a Flexible Spending Account

gerd
Download Presentation

Read This About Flexible Spending!

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Read This About Flexible Spending! By participating in a Flexible Spending Account, you can reduce the taxes you pay If you incur medical, dental or vision expenses, and/or if you have daycare expenses, you might be a candidate for a Flexible Spending Account Only expenses incurred on/after September 1, 2013 and on/before August 31, 2014 are eligible for reimbursement at this time For expenses incurred between September 1 and August 31 – you may claim reimbursement from your flexible spending account by filing a claim with either a paper claim form or your Flexible Spending Account MasterCard between September 1, 2013 and November 29, 2014. Estimate your medical + dental + vision expenses and make an “election” how much you would like to contribute to a medical reimbursement account between September 1 and August 31. The minimum contribution for participants is $260 and the maximum is $2,500. Estimate your dependent daycare expenses and make an “election” how much you would like to contribute to a dependent daycare account between September 1 and August 31. The maximum contribution is $5,000. Remember, Flexible Spending Accounts are “use-it-or-lose-it” - therefore be conservative what you contribute to an account (use flexible spending account only for predictable expenses)

More Related