Flex Spending Accounts

As the year comes to a close we at Straffon Orthodontics get very busy with people scheduling appointments and looking to close out their flexible spending cafeteria plans. We urge you to call soon and make an appointment so we can be sure to fit you in before the end of the year. Below are some guidelines for plans that you might find helpful. If you have questions about your specific type of plan be sure to call your insurance company or gives our staff a call and we can help you. 303-758-3414
Straffon Orthodontics in Denver
Sincerely, Dr. Straffon

"Another major expense not typically covered (at least, not generally covered very well) under employer-sponsored dental plans is orthodontics. Employees may use Flexible Spending Accounts to pay for orthodontic expenses. Orthodontic expenses typically cost a great deal of money, so that the tax saved through use of a Flex account is often thousands of dollars."
"Most of us never get to deduct our out-of-pocket health expenses on our IRS tax returns because our expenses do not exceed the threshold of 7.5% of Adjusted Gross Income. There is no minimum threshold with the FSA. The employee enjoys a tax-saving beginning with the first dollar put into a flex account."
 Source - http://probenefitplans.com/Flex.htm