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Current Events => Economics => Topic started by: thundley4 on November 01, 2009, 03:51:04 PM

Title: Flex spending accounts face hit in health overhaul
Post by: thundley4 on November 01, 2009, 03:51:04 PM

AP article. (http://news.yahoo.com/s/ap/20091101/ap_on_bi_ge/us_health_overhaul_flexible_spending)

It seems that congress has another tax increase in store for those that use Flexible Spending plans for medical reimbursement.  They want to cap it at $2500. I couldn't find anything about other section 125 things like child care, but they'll probably get around to that , also.

Title: Re: Flex spending accounts face hit in health overhaul
Post by: Gratiot on November 01, 2009, 04:39:10 PM

Quote from: thundley4 on November 01, 2009, 03:51:04 PM

AP article. (http://news.yahoo.com/s/ap/20091101/ap_on_bi_ge/us_health_overhaul_flexible_spending)

It seems that congress has another tax increase in store for those that use Flexible Spending plans for medical reimbursement.  They want to cap it at $2500. I couldn't find anything about other section 125 things like child care, but they'll probably get around to that , also.

Ouch, that will hurt a lot of people who use them to their full advantage.  I've even personally set aside more than that amount in the past, for LASIK eye surgery.   

Title: Re: Flex spending accounts face hit in health overhaul
Post by: bkg on November 01, 2009, 06:53:15 PM

that's the smallest of the issues, IMHO... and I think it's a big issue. The rest are just that much bigger.