No, you typically need to have a health insurance plan to enroll in a Flexible Spending Account (FSA).
No, in order to have a Flexible Spending Account (FSA), you must be enrolled in a qualifying health insurance plan.
No, you typically need to have a qualifying high-deductible health insurance plan to be eligible for a Flexible Spending Account (FSA).
No, you must have health insurance to enroll in a Flexible Spending Account (FSA).
Yes, it is possible to have a Flexible Spending Account (FSA) without insurance. FSAs are accounts that allow individuals to set aside pre-tax money for eligible medical expenses, regardless of whether they have insurance coverage.
No, you cannot have a Flexible Spending Account (FSA) without being enrolled in a qualifying medical plan.
No, in order to have a Flexible Spending Account (FSA), you must be enrolled in a qualifying health insurance plan.
No, you typically need to have a qualifying high-deductible health insurance plan to be eligible for a Flexible Spending Account (FSA).
No, you must have health insurance to enroll in a Flexible Spending Account (FSA).
Yes, it is possible to have a Flexible Spending Account (FSA) without insurance. FSAs are accounts that allow individuals to set aside pre-tax money for eligible medical expenses, regardless of whether they have insurance coverage.
No, you cannot have a Flexible Spending Account (FSA) without being enrolled in a qualifying medical plan.
No, you cannot enroll in a Flexible Spending Account (FSA) without being enrolled in a qualified medical plan.
Yes, an employer can offer a Flexible Spending Account (FSA) without providing a health plan. FSAs are separate accounts that allow employees to set aside pre-tax dollars for eligible medical expenses, regardless of whether the employer offers a health plan.
Flexible expenses are costs that can vary from month to month, such as dining out, entertainment, and travel. In contrast, fixed expenses remain constant regardless of changes in income or spending habits, like rent or mortgage payments, insurance premiums, and loan payments. Understanding the distinction helps individuals manage their budgets more effectively, allowing for adjustments in flexible spending without impacting essential fixed costs.
Yes. Having a bank account is not a prerequisite for obtaining auto insurance coverage.
You can use mint without a bank account by manually entering your financial information and transactions into the app. This allows you to track your spending and budget without linking to a bank account.
Are you sure you didn't permit your insurance company to bill your account directly when you bought the insurance? This is becoming a very common thing. If you didn't, you'd have to ask how the insurance got your account information to get the funds.
no