You can use UTMA funds for expenses related to the minor's benefit, such as education, healthcare, and other necessities.
No, you cannot use FSA funds for prior year expenses.
No, you cannot use FSA funds for expenses from previous years. FSA funds are meant to be used for eligible expenses incurred during the plan year in which the funds were contributed.
No, you cannot use your 2022 FSA funds for expenses incurred in 2021.
No, you cannot use your 2021 FSA funds for expenses incurred in 2020. FSA funds must be used for expenses incurred in the same plan year.
No, you cannot use FSA funds to pay for expenses from previous years. FSA funds are meant to cover eligible medical expenses incurred during the plan year in which the funds were contributed.
No, you cannot use FSA funds for prior year expenses.
No, you cannot use FSA funds for expenses from previous years. FSA funds are meant to be used for eligible expenses incurred during the plan year in which the funds were contributed.
No, you cannot use your 2022 FSA funds for expenses incurred in 2021.
No, you cannot use your 2021 FSA funds for expenses incurred in 2020. FSA funds must be used for expenses incurred in the same plan year.
No, you cannot use FSA funds to pay for expenses from previous years. FSA funds are meant to cover eligible medical expenses incurred during the plan year in which the funds were contributed.
Yes, you can use FSA funds for dental expenses such as cleanings, fillings, braces, and other eligible treatments.
No, you cannot use current year FSA funds to cover expenses from a prior year.
Having a UTMA account can impact eligibility for FAFSA financial aid because the funds in the account are considered assets of the student, which can reduce the amount of aid they receive.
No, you cannot use your FSA for previous year expenses. FSAs are meant to cover eligible expenses incurred during the plan year in which the funds are contributed.
No, you cannot use FSA money for expenses from previous years. FSA funds must be used for eligible expenses incurred during the plan year.
No, you cannot use FSA funds to pay for past medical bills. FSA funds can only be used for eligible medical expenses incurred during the plan year in which the funds were contributed.
No. The funds in your PF Account is for retirement and not to fund your regular expenses