Free Republic 4th Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $37,284
46%  
Woo hoo!! And we're now over 46%!! Thank you all very much!! God bless.

Keyword: flexiblespending

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  • Do you have one of those Medical Assurance plans for your

    07/23/2010 4:31:15 PM PDT · by BoneHead · 27 replies · 1+ views
    07/23/2010 | Bryan A. Swauger
    Do you have a Medical Flexible Spending account associated with your work? You know the kind of account that you fund with pre-tax dollars that you can use to pay for Prescription Co-pays, Deductible costs, and any other medical expense that your insurance doesn't completely pay? The neat thing about these are that they effectively reduce your taxable income. Well we got a notice of change just recently: "Effective January 1, 2011 in order to be reimbursed for over-the-counter drugs and medicines purchased on or after this date the participant must provide a medical practitioner's prescription for the item(s)." So...
  • Obamacare Unfairly Taxes Families With Handicapped and Chronically Ill Children

    11/25/2009 2:47:34 PM PST · by Shellybenoit · 4 replies · 382+ views
    Fox News / The Lid ^ | 11/25/09 | The Lid
    congress is proposing to fund Obamacare is by putting a cap on Flexible Spending Medical Accounts. If you are not familiar with those accounts, they allow you to take pre-tax funds from every paycheck into an account managed by your company (or your company's vendor), that you can remove on a tax free basis to pay for uncovered medical bills. This has been a particularly useful program in my family as I have two children with learning disabilities as well as chronic physical conditions (one with scoliosis the other with JRA). At various times in their lives each has required...