Comments on: FSA to the Rescue! http://sweatingthebigstuff.com/fsa-to-the-rescue/ Spending Wisely: Making Smart Personal Finance Decisions Mon, 21 May 2012 18:03:31 +0000 hourly 1 By: debtmaven http://sweatingthebigstuff.com/fsa-to-the-rescue/comment-page-1/#comment-448 debtmaven Sat, 16 Jan 2010 18:15:07 +0000 http://sweatingthebigstuff.com/?p=1146#comment-448 Use it or lose it. That's exactly why I have vascillated back and forth between contributing and not. I ended up buying a $400 trauma kit one year just to use it up. I don't have a lot of out of pocket regular expenses (no glasses/contacts, rarely go to the doctor, etc), so I never know if it's worth it. Sure, when you have a big fat dental bill (and those are almost invariably out of pocket beyond basic cleanings) it could come in handy, but what if you don't? I elected to put in $240 this year; I hope I don't regret it! When I weigh possibly losing it, paying 20% extra (approx the amount of tax I pay), isn't such a big deal. Use it or lose it. That’s exactly why I have vascillated back and forth between contributing and not. I ended up buying a $400 trauma kit one year just to use it up. I don’t have a lot of out of pocket regular expenses (no glasses/contacts, rarely go to the doctor, etc), so I never know if it’s worth it. Sure, when you have a big fat dental bill (and those are almost invariably out of pocket beyond basic cleanings) it could come in handy, but what if you don’t?

I elected to put in $240 this year; I hope I don’t regret it! When I weigh possibly losing it, paying 20% extra (approx the amount of tax I pay), isn’t such a big deal.

]]> By: Ken http://sweatingthebigstuff.com/fsa-to-the-rescue/comment-page-1/#comment-447 Ken Sat, 16 Jan 2010 12:46:25 +0000 http://sweatingthebigstuff.com/?p=1146#comment-447 I fund an FSA every year. They are definitely worth it. I fund an FSA every year. They are definitely worth it.

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