Archive for the ‘Personal Finance’ Category

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

Friday, March 6th, 2009
Health
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.

How do i plan for health care bill after retirement?

Tuesday, December 30th, 2008
Health questions
prince_0102 asked:


I recently read an article on MSN that health care after retirement is costing close to ~250k despite medicare and is growing at at brisk pace of 6-7.5% a year.

How do i plan for this in my retirement plan ? This kind of expenses will erode my retirement savings by a lot.

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