Money Mommy

Stuff your mom should have taught you, but didn't…


Smart Phones and FSA Plans

Medical Flexible Spending Accounts (FSA’s) are a great way to save money on your out of pocket medical expenses. By budgeting your expected expenses for the coming year and using your employer sponsored FSA plan, you can literally save hundreds of dollars in taxes.

It is important to remember that medical expenses must be within the FSA plan year. This means that you can only use qualified expenses occurring in the same year as the FSA.

Leave a Reply

Your email address will not be published. Required fields are marked *