Tuesday, October 19, 2010

Flexible spending accounts

How Much Should I Put in my Flexible Spending Account?

The calculator below (see link) will estimate your 2010 tax savings if you use your employer’s flexible spending plan to pay for medical and/or dependent care expenses.

What is a flex plan?

"Flex plans" let you set aside a portion of your salary before taxes to pay for dependent care costs and medical expenses not covered by insurance.


http://www.kiplinger.com/tools/flex/

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