'+fsa'
[2021-12-07 21:22:48] - a: Ah, got it. Um... pretty much everything else I would google to look up, so you can do that just as well as me. I know it's triple tax advantaged, and it moves around with you (unlike an FSA). I think you can invest the money you have in there over $1k? Not sure what else I remember off the top of my head. -Paul
[2019-12-03 12:24:03] - fsa companies are getting that tax-benefit from workers through their various scams and turning it (some of it) into lobbying dollars. ~a
[2019-12-03 12:19:26] - paul: so, then there's lobbying (from companies that make all this FSA money). lawmakers have no incentive to do the right thing. ~a
[2019-12-03 12:09:01] - paul: most fsas are a borderline-scam. they probably make money hand over fist. maybe i should invest in fsa companies, because i can't see how they benefit anybody but the fsa company. we've talked about fsas before. ~a
[2019-12-03 12:04:24] - FSA funds are paid up in entirety at the beginning of the year but are forfeit if the employee is terminated? That seems like a decently high risk and reason to avoid contributing the max. Or maybe I'm just paranoid after being terminated a few more times than I would like.
-Paul[2011-03-10 12:48:46] - Daniel: I understand, and for something like an FSA we're probably talking about inconsequential amounts of money, but in a larger sense, I think claiming that it's an opt in system is a little weak. -Paul
[2011-03-10 12:39:38] - I also don't have/use an FSA. Andrea does but she has to do more work and keep track of stuff to use it. I choose not to. -Daniel
[2011-03-10 12:37:49] - that's why i won't get a FSA. ~a
[2011-03-10 12:26:20] - Daniel: It's really the flexible spending accounts which make me mad, because it seems so silly. We have to estimate how much we're going to spend over the coming year on certain items and remember to buy them through the FSA. And if you guess wrong and have money leftover at the end you either have to splurge on bandaids or lose your money. -Paul
[2011-03-10 12:22:52] - Daniel: I suppose, although you still have to keep track of what your max contribution is at any given time. I just wish that instead of coming up with all of these overly complicated ways of helping us save money (FSA, IRA, 401(k), etc), legislators would just cut taxes by a bit or something. -Paul