User not logged in - login - register
Home Calendar Books School Tool Photo Gallery Message Boards Users Statistics Advertise Site Info
go to bottom | |
 Message Boards » » whats a section 125 plan? Page [1]  
jackleg
All American
170957 Posts
user info
edit post

i just noticed i have an extra deduction coming out

got USA tax
NC tax
medicare
FICA
401(k)
medical/dental/rx
and section 125

... google says its some kind of insurance thing. is it the debit card thing that i have that i can use to buy advil and shit like that? i thought that was part of my insurance

4/14/2008 7:39:25 PM

FykalJpn
All American
17209 Posts
user info
edit post

http://en.wikipedia.org/wiki/Flexible_spending_account

4/14/2008 7:49:31 PM

MATCH
Veteran
446 Posts
user info
edit post

child support

4/14/2008 8:12:04 PM

thumper
All American
21574 Posts
user info
edit post

we've got that at my company, but you've got to sign up for it. it won't automatically deduct from your paycheck. it's an account that you deposit into directly from your paycheck, sort of like a savings account, and you can use the money in there for certain things as denoted by your company. for instance, my boss just got braces put on his kid and used the $850 he had in his FSA to pay for most of it.

[Edited on April 14, 2008 at 8:16 PM. Reason : .]

4/14/2008 8:15:27 PM

jackleg
All American
170957 Posts
user info
edit post

ok so its the red debit card i have that i can use for copays and advil and shit

just making sure i wasnt being hosed. thanks

4/14/2008 8:52:43 PM

 Message Boards » Chit Chat » whats a section 125 plan? Page [1]  
go to top | |
Admin Options : move topic | lock topic

© 2024 by The Wolf Web - All Rights Reserved.
The material located at this site is not endorsed, sponsored or provided by or on behalf of North Carolina State University.
Powered by CrazyWeb v2.39 - our disclaimer.