Archive for the ‘Personal Finance’ Category

What is the maximum I can put in health and daycare flexible spending accounts for 2008?

Tuesday, January 20th, 2009
natural remedies
cozmobuchar asked:


My wife and I both have flexible spending accounts with our employers. I know that there is a maximum but I cannot find it on the web.

Note: this is not a “Health spending account”. I think this is different.
My wifes company allows 3k for health and 5k for daycare. My company allows 4k for health and 5k for daycare. I think that there is a irs maximum that maybe 5k and 5k.

Can I use Health Savings Account contributions to pay off surgery bills from a preexisting surgery?

Thursday, January 1st, 2009
natural health
Scoop asked:


I set up a Health Savings Account (HSA) in October 2008. I had wrist surgery in May 2008. Can I use any of those funds to pay off some bills?

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