• YFS February 6, 2012 at 9:52 am

    There are definitely situations where the FSA makes sense. For me it doesn’t. I have rock star health care and I never get sick. I have spent less than 100 dollars out of pocket in the last 3 years b/c of our good health care.

  • retirebyforty February 6, 2012 at 1:10 pm

    Last year I had $500 and I used all of it. Dental is definitely a big part of that. This year, I didn’t add any $ to FSA because I probably won’t be at this job long.

  • Andrea @SoOverDebt February 6, 2012 at 8:26 pm

    I used to have a FSA through my job. To avoid leftovers, I added up all the expenses I knew I’d have in a year (contact lenses, regular prescriptions, eligible personal care items, and room for 3 extra prescriptions for illness) and contributed accordingly. I think the most I ever lost was two dollars and some change. It was a great benefit and one I miss now that I’m self-employed!

  • krantcents February 6, 2012 at 8:44 pm

    I have been using an FSA for years. I never meet the minimum for taking the tax deduction, so an FSA is the only way to go.

  • Lisa @ Cents To Save February 6, 2012 at 9:48 pm

    We HAD an FSA account. Our experience with it was not positive so we decided to not do it again.

  • Aloysa @ My Broken Coin February 6, 2012 at 10:06 pm

    This is my first year when I am not using FSA. In the previous years we were pretty good with spending it all. But it was a hassle. I had to come up with all possible expenses (contact solution, contacts, glasses) to wipe it out. I think my problem was over budgeting it.

  • Paul @ The Frugal Toad February 6, 2012 at 11:19 pm

    This year my wife will be forced to enroll in a (ridiculously) high-deductible health plan so we will be using a HSA to fund the deductible.

  • Bethy @ Credit Karma February 21, 2012 at 7:06 pm

    This is my first year with an FSA. It’ll be interesting to see how/if I use it all. Maybe an acupuncture treatment? Just kidding. I know I have things I can use it on.

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