12-14-2003, 07:19 AM
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 Re: Medical Flexible Spending Account Martin Lynch wrote: - quote - > If I plan to contribute $1200 to my spending account for the
Your contribution will only be what has been withheld. If> year ($100 per month), and then I quit my job in June, at > which time I've only contributed $600, will my contribution > for the year be $600, or will they ask me to put in another > $600 so that I end up putting in the total $1200 I had > specified on the forms? you have not used it up by the filing deadline established by your plan, you lose any balance. If you have already been reimbursed more than the $600, you will not have to pay any of the excess back. -- Alan http://taxtopics.net << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
12-12-2003, 01:47 PM
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| Medical Flexible Spending Account If I plan to contribute $1200 to my spending account for the year ($100 per month), and then I quit my job in June, at which time I've only contributed $600, will my contribution for the year be $600, or will they ask me to put in another $600 so that I end up putting in the total $1200 I had specified on the forms? << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| account, flexible, medical, spending |
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