COOPERVANE
Member since 1967
- Joined
- Mar 2, 2002
- Posts
- 2,167
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Careful, it's use it or lose it.
You will use up the $2500 fast. Plus you have the added satisfaction of Obama not being able to get at more of your money. Before that idiot came into office I was doing $5000, he cut it in half. How's that for hope and change. I thought the Donkeys were for Tax the rich to feed the poor, if I'm rich I need to move to the land of swimming pools and movie stars! Rant over but the dependent side of the flex is a good thing.
Thanks for the responses. It seems to make sense. We are in the 25% tax bracket so it saves that PLUS ~7% social security tax PLUS GA income tax. So it is at least 32% savings.