Hello,
My employer is offering the opportunity to sign up for an FSA. It's new, so that's why we're able to sign up in March. I still have an HSA from a previous employer. I've contributed about $100 to the HSA this year, so my current employer is saying I'm not eligible for the FSA since I would be "double-dipping". I'd like to sign up for the FSA, but only put in about $300 so I know I will actually spend it. I would also like to continue to allow the HSA to grow on its own.
I realize I shouldn't be putting money in the HSA because I will face penalties. If I withdraw the $100 as an excess contribution, will I be able to take advantage of the FSA? Is it even worth using the FSA in the first place?
Submitted March 07, 2019 at 09:19AM by cgrimes85 https://ift.tt/2SRMRZv
