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Health Insurance: FSA/HSA Low Limits

Old 01-29-18, 11:43 PM
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Health Insurance: FSA/HSA Low Limits

I'm looking at FSA/HSA and the IRS caps are really low. $2650 for FSA. For someone making $75,000, state and federal marginal tax rate in CA is about 20%.
So having FSA for that person only saves about $660 per year (even lower savings for people who make less). That's less than $60 per month.

Why the fuck aren't all health related expenses tax free :-\
wearetheborg is offline  
Old 01-30-18, 11:13 PM
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Re: Health Insurance: FSA/HSA Low Limits

Originally Posted by wearetheborg View Post
So having FSA for that person only saves about $660 per year (even lower savings for people who make less). That's less than $60 per month.
How much are your unreimbursed medical expenses? Do you have a periodically recurring one which is more than $60/month?
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