Re: [TSPStrategy] Off Topic: Health Care Spending Accounts

I've enrolled for years now, and rarely submit forms any major re - everything is nearly "automatic" once you set things up online.


On Nov 25, 2020, at 2:24 PM, bill_steele_sr via groups.io <bill_steele_sr=yahoo.com@groups.io> wrote:

I got an email about enrolling in FSAFEDS. I use quite a few services and monthly medications. The information on the website raised more questions for me than it answered, and the contact phone number is for members only.

In the past I thought that a person who had one of these spending accounts put money into an account from their paychecks, was issued a debit card type payment card, and used that when paying for services- with the money deducted via the debit card. But every page of the information website discusses "Claim Forms" and "Supporting Documentation".

So are the millions of people who have these plans required to spend their time filling out claim forms every time they pick up a prescription or visit a doctor?

Thanks!!!

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