I have an FSA (Flexible Spending Account) through my employer. It's immediately funded at the start of each fiscal open enrollment, and based on what I elect to contribute each pay period (up to a federal limit of $2500). They give me a Visa card that I then pay all of my medical, dental, vision, and pharmaceutical costs with. You have to submit receipts and it has to be a qualifying expense, so don't use it to by TVs. If you use all of the $2500 before the next enrollment, you can submit your receipts for cash pay expenses and be reimbursed.
I've done this for years with a big family and it has worked.
I've done this for years with a big family and it has worked.
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