Reply to I am still angry about losing the money in my dependent care FSA for 2019

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Reply to "I am still angry about losing the money in my dependent care FSA for 2019"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I have always hated the system where you have to guess (months before the year even starts) what your needs will be for the whole year and then you are penalized by losing the money if you guess wrong. I think that is extraordinarily unfair (especially when it comes to the health care FSA because there is no way to know in advance what your healthcare needs will be or how much they will cost!). I don't understand why Congress hasn't required that people get the money they deposited back! Thankfully, we were given the option to stop contributing at some point last year, but I still lost money.  It's not going to break us, and we are luckier than many people since our jobs are safe, but it still irks me to no end.[/quote]

Congress won't care because they have bigger concerns that UMC people who lost money in a tax advantaged account that most Americans don't have access to. The whole idea that the ability to use pre-tax money for certain services is based on an employer's whim is absurd, but the there are larger problems too address right now [/quote]

Hmm yes, congress seems to have been focusing on UC people and ALL their tax advantages. [/quote]

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