http://frugalunderground.com/a-whirlwind-tour-of-tax-free-medical-accounts/ money: saving more, making more, needing less Tue, 06 Jan 2009 03:19:13 +0000 http://wordpress.org/?v=2.5.1 http://frugalunderground.com/a-whirlwind-tour-of-tax-free-medical-accounts/#comment-116 Saving money by considering cash flow » frugal underground » money: saving more, making more, needing less Mon, 27 Feb 2006 19:45:01 +0000 http://frugalunderground.com/test/a-whirlwind-tour-of-tax-free-medical-accounts/#comment-116 [...] The main one is that by having money in reserve, you can afford to “go without” some money in the short term to save money. A prime example of this is the various tax-free health savings accounts. By considering what your expenses are likely to be, and committing to cover them before they happen, you can save a significant chunk of change, depending on your tax bracket. This is the same idea behind various retirement options, too. Pay now to save later. [...] [...] The main one is that by having money in reserve, you can afford to “go without” some money in the short term to save money. A prime example of this is the various tax-free health savings accounts. By considering what your expenses are likely to be, and committing to cover them before they happen, you can save a significant chunk of change, depending on your tax bracket. This is the same idea behind various retirement options, too. Pay now to save later. [...]

]]> http://frugalunderground.com/a-whirlwind-tour-of-tax-free-medical-accounts/#comment-115 jennifer Thu, 13 Oct 2005 14:31:50 +0000 http://frugalunderground.com/test/a-whirlwind-tour-of-tax-free-medical-accounts/#comment-115 my FSA lets me count little over the counter stuff like contact lens solution, cold sore medication, aspirin, condoms, etc. my FSA lets me count little over the counter stuff like contact lens solution, cold sore medication, aspirin, condoms, etc.

]]> http://frugalunderground.com/a-whirlwind-tour-of-tax-free-medical-accounts/#comment-114 wenchypoo Thu, 13 Oct 2005 10:51:35 +0000 http://frugalunderground.com/test/a-whirlwind-tour-of-tax-free-medical-accounts/#comment-114 I believe one of these also lets you pay for OTC stuff as a medical expense--meaning all your vitamins, nutritional supplements, cold/allergy remedies, aspirin, eye drops/contact lens solutions, etc. all count as qualified medical expenses. Trouble is, I can't remember which one. I'll have to look it up. I believe one of these also lets you pay for OTC stuff as a medical expense–meaning all your vitamins, nutritional supplements, cold/allergy remedies, aspirin, eye drops/contact lens solutions, etc. all count as qualified medical expenses. Trouble is, I can’t remember which one. I’ll have to look it up.

]]> http://frugalunderground.com/a-whirlwind-tour-of-tax-free-medical-accounts/#comment-113 ~Dawn Thu, 13 Oct 2005 02:43:20 +0000 http://frugalunderground.com/test/a-whirlwind-tour-of-tax-free-medical-accounts/#comment-113 Excellant post and thanks for the reminder to check with my HR about getting this setup Excellant post and thanks for the reminder to check with my HR about getting this setup

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