So...I've got some $$$ left in my Flexible Health spending plan...how to burn it...??

[rfbdorf]

Just before my flex account year ended I bought an 8 month supply of Enemeez.
- Richard

[zz]

hookers

[SCI-Nurse]

Be sure you understand what is covered under your Medical Savings Account plan. For example, many require a physician's order for anything they will cover, and they may not cover all types of DME or services.

I use mine for co-pays for care and meds, and because I am a federal employee who has crappy dental coverage (by law) I use it to pay for the majority of my dental care needs. I can also include anything through the end of Feb. each year in the previous year's account.

If you also have drug co-pays, order any meds you can reorder now, schedule and get done any annual tests you have not had done if you have co-pays for stuff like this, and then consider DME as long as it is covered under your plan. Do check to see if a prescription is required first though.

(KLD)

[Foolish Old]

"Use it or lose it" is an attempt to maintain FSA as a health care benefit to meet current year medical expenditures, rather than as a tax shelter where one can stuff the maximum amount of income into a pseudo savings account.

FWIW - Not to be tight-arsed, but you do know that when you ask for suggestions on how to convert your FSA into cash for non-medical purposes, you are publicly asking others to assist you in committing tax fraud? Perhaps you would consider structuring your question in a legal manner?

Originally Posted by MarkB701

Well, drug co-pays for me and my wife. Glasses, contacts.......in previous years I used it for a handcycle. I wont put as much away next year. It's silly to save some money on taxes and then have to buy crap I don't really need.....use it or lose it??? I don't get the thinking behind that...

[cripple4life]

i'll sell u my otto bock seat. 16x 18 brand new for 250. paid 500!

[MarkB701]

Originally Posted by Foolish Old

"Use it or lose it" is an attempt to maintain FSA as a health care benefit to meet current year medical expenditures, rather than as a tax shelter where one can stuff the maximum amount of income into a pseudo savings account.

FWIW - Not to be tight-arsed, but you do know that when you ask for suggestions on how to convert your FSA into cash for non-medical purposes, you are publicly asking others to assist you in committing tax fraud? Perhaps you would consider structuring your question in a legal manner?

I would happily pay taxes on that money and keep the rest, if I could. I did earn it.

I understand your point re legality. But we all know what I'm trying to do, I didn't want to patronize (with a z) the readers by pretending otherwise, but yes, point taken.

I think I'll just buy some DME: cushion, shower seat, tires, retro-rocket for chair to help on hills etc......

[MarkB701]

Originally Posted by cripple4life

i'll sell u my otto bock seat. 16x 18 brand new for 250. paid 500!

Not sure what that is.....but....if I can get a receipt from you that they will honor.....???