spending account through our employer (U.S. Post Office)?
2006-10-26 15:14:05 · 4 answers · asked by rascoe627 1 in Politics & Government ➔ Law & Ethics
it depends on how much you are taxed...if you are taxed a lot, you'll save a lot because those flexible spending accounts are taken from pre tax dollars. So that's how you save...also,
i jsut saw on the news that walmart is now offering 4 dollar generic prescription drugs. you might want to check that out for savings.
2006-10-26 15:16:26 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If she spends 300 dollars, you are spending 3600 a year
(* of course you will still spend 3600 a year to them but you will put the money into an account tax free)
so if you are in a 33 percent tax base you will save 1200 in taxes that you would have had to pay
2006-10-26 22:18:46 · answer #2 · answered by Anonymous · 0⤊ 0⤋
check it out with Payroll or Accounts dept. at work.
2006-10-26 22:16:37 · answer #3 · answered by seek_fulfill 4 · 0⤊ 0⤋
I think they would have the best information.....at the HR Dept
2006-10-26 22:15:26 · answer #4 · answered by Diamond in the Rough 6 · 0⤊ 0⤋