When the year ends or the grace period expires, any funds that remain in your FSA are lost. Thus, you should carefully calibrate the amount of money you plan to put into your account and how you intend tospendit over the course of the year. ...
room”.Thisisaplacewherebuildingoccupantscanspendthemostdangerouspartofthestorm. Anotherconcernishowtodealwithstormsandflooding.Somecoastalcommunitiesinthe U.S.havemadeartificialreefsfromoysters?(牡蛎)shellsinsteadofrocks.Thebuildersuseshells collectedfromrestaurantstocreatethebarriers.ChrysantheBroikosalsosuggestssetti...
“Enabling flexibility has obvious benefits for employees, but it’s not a zero-sum game,” says Jared Spataro, Microsoft corporate vice president of modern work. “It can also lead to positive outcomes for customers and ultimately bolster the bottom line. Achieving this win-win isn’t a giv...
Your flexible time off may not be unlimited, so if you have a cap on the total number of days you can take off, that’s all the more reason to plan ahead. You wouldn't want to take too many days off only to realize that you’ve exhausted your flexible time off by midyear, for ...
dental care. Other reimbursement accounts can be used for day care, elder care, transportation and parking. We’ll go over what each of these are, how to enroll and what to budget each year. We’ll also show you how you can use these funds to reimburse yourself for what you spend. ...
cardstatements to see what they spend their money on over a month. They can break the categories down into flexible and inflexible expenses and start noting what the flexible expenses are. From there, they can make a conscious effort on eliminating them or adjusting the recurring flexible ...
When working with families to plan for FSA spending, "the first year is the hardest," Sprung said. If you have not been keeping track of your out-of-pocket medical expenses, it can be tough to gauge, he said. Sprung typically advises families to estimate how much they may spend, and...
Flexible Spending Accounts, Health Reimbursement Arrangements, and Other Account-Based Plans: What Does Health Care Reform Mean in 2012 and Beyond?The health care reform law, now frequently referred to as the Affordable Care Act (ACA), comprised of the Patient Protection and Affordable Care Act ...
Lastly, since FSAs are employer-sponsored, you should think about whether you're planning to leave your job within the next year because you must spend any saved FSA money before you leave. Subscribe to the CNBC Select Newsletter! Money matters — so make the most of it. Get expert tips,...
This blog goes over the ins and outs of flexible benefits, including common types, why they’re important, and how you can offer them at your organization.