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]The law was changed under CARES Act for people to have a limited open season if your needs changed. For example, in late 2019, if you elected to have $5k in your FSA and you really only needed $3k, some FSA providers allowed to increase/decrease/stop FSA elections. this was definitely the case for feds as I received this notice. additionally, CARES also allowed over the counter drugs and even menstural products to be qualified expenses so if you have any of those expenses, you can get reimbursed for those.

as for you wishing for your pretax money back...you really shouldnt be able to shelter money and then figure out if you don't use it, take it back later. our tax system is, in many ways, a look back period so whatever you're proposing would effectively benefit higher income earners who would shelter their money from taxation.

in short, let's call it what it is: tax evasion.[/quote]
Before pulling out your soapbox, try reading what the OP wrote. None of what you wrote is relevant. [/quote]

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