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Why is a current account surplus equivalent to foreign investment?
A country where income is greater than spending, has saving greater than investment, and a current account surplus. The excess of income over spending must be balanced by foreign investment, so there will be a financial account deficit to match the current account surplus.
What factors does GDP take into account?
consumption, investment, government spending, net exports
How does discretionary spending differ form mandatory spending?
mandatory spending refers to money that lawmakers are required by existing laws to spend on certain programs and discretionary spending is spending about which government planners can make choices
What is spending deficit?
Deficit spending is the opposite of budget surplus. It means spending more money than you have - going into debt.
What is deficet spending?
Deficit spending is the opposite of budget surplus. It means spending more money than you have - going into debt.
Can you use flexible spending account and claim medical expenses?
Yes but you can NOT deduct the medical expenses that are paid for from your FSA account.
What can I spend with my flexible spending account?
You can only pay for medical expenses with your flexible spending account. You can pay for x-rays, prescriptions, doctors visits, hospital visits, and eye visits. Your company should have a list of all eligible expenses.
Can you use a flexible spending account and claim the childcare tax credit?
Yes. The Flexible Spending Account is simply a before tax method of paying for medical expenses and it has no impact on unrelated tax items. Use of the FSA does prevent being able to also claim a medical expense deduction. The childcare tax credit is unrelated and can be claimed.
Can I use your FSA Visa Card to pay for Juvederm?
No. Juvederm is considered a cosmetic procedure and not a medical need. It is not covered under your Flexible Spending Account.
What is the name for reimbursement accounts for qualified medical and childcare expenses?
What is the name for reimbursement accounts for qualified medical and child care expenses? A. cafeteria plans. B. deferred compensation plans. C. option plans. D. flexible spending accounts. d
Can you use a flexible spending account to by the electronic cigarette?
The FDA has not approved E-Cig's as a stop smoking device, some medical insurance companies do approve it. I guess it depends on who manages your account and your creativity on your taxes.
How do FSAs work in regards to health insurance?
A flexible spending account is a way of setting aside a portion of earning into a dedicated saving account. The most common type of FSA is a medical expense account. Used with health insurance, an FSA allows the investor to be prepared for life emergencies and pay as little as possible out-of-pocket expenses for medical bills.
Can you have an Flexible spending account if you are on Medicare?
yes
What do the employee benefits consist of?
It depends on the employer and the size of the company.The benefits can include medical and dental insurance,life insurance,disability insurance,tuition reimbursement,flexible medical spending account,401k and paid vacation days.
What options do cobra offer to an employee who has left a company where they were participating in a flexible spending account?
Cobra does not cover FSA's. You will be allowed to continue with the medical plan but the FSA is lost with the job.
What is medical malpractice cost as a percentage of total US medical costs?
According to a Congressional Budget Office Report from 2004, malpractice costs account for less than 2% of US spending on Health care. Please see the related link.
Is the cost of my spouse's insurance premium reimbursable through my flexible spending account?
Yeah, the cost simply reimbursable through your flexible spending account. I guess that that's just reality
