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Self Pay - tax help

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Thinmint

Entry posted by Thinmint ·

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Hey, seeing lots of Finance questions on the Blog. I have to pay on my own but I signed up for FSA at work which is taking money out of my check for the surgery pre-tax. Which I thought would be tough however, the pre-tax benefit allowed really saves a huge amount of money. This could be an option for those self pay folks. The money is available upfront for the surgery and you have all year to pay it back so pre-tax and upfront money. Even though I have the money for the surgery I am going this way and saving my cash.:001_tt2:

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Tiffykins

That's excellent news ! ! ! You should post this on the main finance forum (if you haven't already) for those self-pays out there.

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deedee

With my FSA, I think there is a limit to how much you are allowed to contribute. But this is a good reminder to try to save as much as possible where we can. Another thing that might help is at tax time when you itemize. I have to gather all of my receipts so we can use it for the medical deduction (probably going to need new copies of some things).

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