Comments on: Open Enrollment Time http://www.fivecentnickel.com/2007/10/31/open-enrollment-time/ personal finance tips, tricks, and commentary Mon, 13 Feb 2012 18:22:18 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: nickel http://www.fivecentnickel.com/2007/10/31/open-enrollment-time/comment-page-1/#comment-103089 nickel Fri, 02 Nov 2007 00:17:49 +0000 http://www.fivecentnickel.com/2007/10/31/open-enrollment-time/#comment-103089 Oswegan: Not really... ;) Oswegan: Not really… ;)

]]> By: Oswegan http://www.fivecentnickel.com/2007/10/31/open-enrollment-time/comment-page-1/#comment-103065 Oswegan Thu, 01 Nov 2007 23:25:05 +0000 http://www.fivecentnickel.com/2007/10/31/open-enrollment-time/#comment-103065 Isn't it fun to watch your benefits get more expensive and cover fewer things each year? ~Oswegan Isn’t it fun to watch your benefits get more expensive and cover fewer things each year?

~Oswegan

]]> By: The Saving Freak http://www.fivecentnickel.com/2007/10/31/open-enrollment-time/comment-page-1/#comment-102817 The Saving Freak Thu, 01 Nov 2007 11:00:21 +0000 http://www.fivecentnickel.com/2007/10/31/open-enrollment-time/#comment-102817 My wife is a teacher and there are options upon options with the state plans. It took me a good 2 hours to sort through all the possibilities. I don't even want to think about changing things. My wife is a teacher and there are options upon options with the state plans. It took me a good 2 hours to sort through all the possibilities. I don’t even want to think about changing things.

]]> By: SteveK http://www.fivecentnickel.com/2007/10/31/open-enrollment-time/comment-page-1/#comment-102527 SteveK Wed, 31 Oct 2007 23:21:41 +0000 http://www.fivecentnickel.com/2007/10/31/open-enrollment-time/#comment-102527 One of the best things about Flexible Spending Accounts (besides the tax advantages) is that it's basically an interest free loan; you can claim your full years amount at the beginning of the year I typically get my eye exams and a year's supply of disposable contacts in January each year. I can get reimbursed about five days after I fax in my receipts to our company On the other side of the "forfeit" coin...if you claim your FSA money early in the year and quit your job, your company cannot claim the balance "owed" from your final paycheck...it's basically free money. So if you're planning to quit in January, but need that Lasik, then claim as much as you need during Open Enrollement, get your surgery in January, claim and get your FSA reimbursement, and then quit! One of the best things about Flexible Spending Accounts (besides the tax advantages) is that it’s basically an interest free loan; you can claim your full years amount at the beginning of the year I typically get my eye exams and a year’s supply of disposable contacts in January each year. I can get reimbursed about five days after I fax in my receipts to our company

On the other side of the “forfeit” coin…if you claim your FSA money early in the year and quit your job, your company cannot claim the balance “owed” from your final paycheck…it’s basically free money. So if you’re planning to quit in January, but need that Lasik, then claim as much as you need during Open Enrollement, get your surgery in January, claim and get your FSA reimbursement, and then quit!

]]> By: Curtis http://www.fivecentnickel.com/2007/10/31/open-enrollment-time/comment-page-1/#comment-102329 Curtis Wed, 31 Oct 2007 15:19:20 +0000 http://www.fivecentnickel.com/2007/10/31/open-enrollment-time/#comment-102329 Sounds very familiar. Just posted on this topic this morning. We considered dropping the employer plan and doing a private policy to keep the premium down. In the end, the dollars just didn't add up enough to make sense, so we'll be staying where we are. Sounds very familiar. Just posted on this topic this morning. We considered dropping the employer plan and doing a private policy to keep the premium down. In the end, the dollars just didn’t add up enough to make sense, so we’ll be staying where we are.

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