i just noticed i have an extra deduction coming out got USA taxNC taxmedicareFICA401(k)medical/dental/rxand section 125... google says its some kind of insurance thing. is it the debit card thing that i have that i can use to buy advil and shit like that? i thought that was part of my insurance ]
4/14/2008 7:39:25 PM
http://en.wikipedia.org/wiki/Flexible_spending_account
4/14/2008 7:49:31 PM
child support
4/14/2008 8:12:04 PM
we've got that at my company, but you've got to sign up for it. it won't automatically deduct from your paycheck. it's an account that you deposit into directly from your paycheck, sort of like a savings account, and you can use the money in there for certain things as denoted by your company. for instance, my boss just got braces put on his kid and used the $850 he had in his FSA to pay for most of it.[Edited on April 14, 2008 at 8:16 PM. Reason : .]
4/14/2008 8:15:27 PM
ok so its the red debit card i have that i can use for copays and advil and shitjust making sure i wasnt being hosed. thanks
4/14/2008 8:52:43 PM