Flexible Spending Account for 2012 & 2013

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tdsxcvbnm2Next year there will be a big change with health care flexible spending care accounts. The limit for 2013 pay-ins will be just $2,500.

If you have a business that operates in a C Corporation, now may be the time to put a MERP (medical expense reimbursement plan) in place. As long as the plan qualifies and doesn’t discriminate, you can get a lot more benefit from this plan.

One reminder for your 2012 FSA. Check the balance before the year end. You’ll want to zero it out so you don’t lose the amount in the account.

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