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Flexible Spending Accounts

FSA accounts enable employees of a company to make pre-tax contributions that can be used towards eligible medical or dependent care expenses.

191 Questions

Flexible expenses and discretionary spending are similar in that they both deal with?

Flexible expenses and discretionary spending both involve costs that can be adjusted based on individual choices and circumstances. Flexible expenses, such as groceries and utilities, can vary in amount but are essential for daily living, while discretionary spending includes non-essential items like entertainment and dining out. Both categories allow individuals to manage their budgets by prioritizing or reducing spending according to their financial situation and goals. Ultimately, they reflect a person's ability to control and adapt their spending habits.

How much do utilities cost in buffalo new york?

Utilities in Buffalo, New York, typically cost around $150 to $200 per month for an average household, depending on usage and the size of the home. This estimate includes electricity, heating, cooling, water, and garbage services. Factors such as seasonal changes and individual consumption habits can significantly influence overall costs. It's advisable to check with local providers for the most accurate and current rates.

Are Flexible spending account subject to FICA?

Flexible Spending Accounts (FSAs) are not subject to FICA (Federal Insurance Contributions Act) taxes. Contributions to an FSA are made on a pre-tax basis, which reduces the employee's taxable income and, consequently, the amount subject to FICA taxes. This means that both the employee and employer save on FICA taxes when funds are contributed to an FSA.

Can your employer request receipts for your flexible spending account?

Yes, employers can request receipts for expenses submitted through a flexible spending account (FSA) to verify that the expenses are eligible and were incurred for qualified medical expenses. This is part of compliance with IRS regulations to ensure that funds are used appropriately. If requested, it is important to provide the necessary documentation to avoid any potential issues with reimbursement.

What is the swift code for mandiri bank?

The SWIFT code for Mandiri Bank in Indonesia is BMRIIDJA. This code is used for international wire transfers and identifies the bank and its location. It's important to verify the specific branch's SWIFT code if you are making a transfer, as multiple branches may have different codes.

Did Ferdinand marcos have an account at sumitomo mitsui banking corporation?

Yes, Ferdinand Marcos, the former president of the Philippines, was reported to have had accounts at Sumitomo Mitsui Banking Corporation, among other financial institutions. These accounts became a focal point in investigations into his alleged ill-gotten wealth. Marcos and his family were accused of siphoning off billions of dollars during his presidency, and some of these funds were believed to be held in foreign banks, including in Japan.

How much is 4 g's in money?

In the context of money, "4 g's" typically refers to $4,000, as "g" is slang for a thousand dollars. Therefore, 4 g's would equal $4,000. This slang is commonly used in various informal settings, particularly in discussions about finances or transactions.

What is the routing and swift code of Banco de Oro Santiago Street General Santos?

The routing and swift code for Banco de Oro in General Santos City, specifically on Santiago Street, is typically used for international and domestic transactions. The general SWIFT code for Banco de Oro is BDOHPHMM. However, it's advisable to confirm the specific branch details with the bank directly or refer to their official website, as codes may vary by branch or change over time.

Goals of cost control in an organization?

The goals of cost control in an organization include optimizing resource utilization, minimizing operational expenses, and enhancing profitability. By monitoring and managing costs, organizations can identify inefficiencies and make informed decisions to improve financial performance. Additionally, effective cost control supports strategic planning and budget adherence, ensuring that the organization remains competitive in its market. Ultimately, these efforts contribute to sustainable growth and long-term success.

What is the IBAN number of Bank Hapoalim?

The IBAN (International Bank Account Number) is not a fixed number for a bank but rather is unique to each individual account. For Bank Hapoalim, as with other banks, the IBAN typically starts with the country code 'IL' followed by a series of digits specific to the individual account. To obtain the IBAN for a specific account at Bank Hapoalim, you would need to contact the bank directly or check your bank statement.

What is the swift code of Banco de oro Sanciangco branch cabanatuan?

The SWIFT code for Banco de Oro (BDO) typically follows the format "BNORPHMM." However, specific branch codes can vary, and it's essential to verify the exact SWIFT code for the Sanciangco branch in Cabanatuan directly with the bank or through their official website. Always ensure you have the correct code for international transactions.

How do you access your Publishers Clearing House Account as I have always paid by cheque. The Customer I.D.?

To access your Publishers Clearing House (PCH) account, visit the PCH website and click on the "Sign In" option. You'll need to enter your Customer ID, which can typically be found on promotional materials or previous correspondence from PCH. If you have any issues, consider reaching out to their customer service for assistance.

What happens to your money when you put it is deposited in a bank?

When you deposit money in a bank, it is typically pooled with other deposits and used by the bank to make loans and investments. The bank pays you interest on your deposit as compensation for using your money. Additionally, your funds are insured up to a certain limit by government agencies, providing a safety net. Overall, your money helps facilitate the bank's operations while earning you interest.

What does account migrate mean?

Account migration refers to the process of transferring user data, settings, and profiles from one system, platform, or account to another. This can occur during system upgrades, service changes, or when consolidating multiple accounts into a single one. The goal is to ensure a seamless transition for users while preserving their information and preferences. Proper account migration often involves data backup, compatibility checks, and user authentication to avoid data loss and ensure security.

What is a alphanumeric characters in a bank 's name?

Alphanumeric characters in a bank's name refer to the combination of letters (both uppercase and lowercase) and numbers. For example, a bank name like "First National Bank 123" includes both letters and numbers. These characters are used to create unique identifiers for financial institutions and enhance clarity in communication. In contrast, purely alphabetical names consist only of letters, while purely numerical names consist only of numbers.

Can you pay meetic registration through western Union Money Transfer?

Meetic does not typically accept Western Union Money Transfer for registration or subscription payments. Generally, payment methods for online services like Meetic include credit/debit cards and other digital payment options. It's best to check the official Meetic website for the most current payment options available.

How can you withdraw money from two dollar click.com?

You can withdraw money from two dollar click only if you have already signed up and set up an established, approved account from them. Otherwise, you can't.

What is the average monthly phone bill for one person?

I would say if you want a bundled plan with local and long distance calling, you will normally pay $50-60 per month. If you have broadband internet you can get home phone service with Free Long Distance for as low as $14.95 per month.

What are the characteristics of a bank confirmation letter?

Letter contains management's authorisation to disclose the necessary information

Auditors examine evidencecavialable to support management explanations

Letters are snet by thethe auditor and customenrs are requested to repky directly to the auditor

The auditor selects the items for which they will request confirmation. If your organization has a valid reason to object to any of these selections, discuss this with your auditor before the confirmation process continues.

The auditor designs the confirmation requests and tailors them to specific audit objectives. The auditor will consider the type of request, prior experience, the nature of the information being confirmed, and the intended respondent of the confirmation letter.

The auditor communicates the confirmation request to the third party by sending out the audit confirmation letter. There are two types of confirmation letters: positive requests (asking the third party if they agree or disagree with the stated information, or to fill in the blanks) and negative requests (where the third party only has to reply if they disagree with the stated information).

The auditor obtains the response (if any) from the third party. If the third party fails to respond or responds with conflicting information, the auditor may ask your staff for clarification or pursue alternative confirmation procedures.

The auditor evaluates the information they received, including the reliability of that information and how it relates to the organization’s finances.

In general, audit evidence is most reliable when it is obtained from independent parties outside of the organization. That’s why audit confirmation letters are such a critical part of the audit process. If you have any questions or concerns regarding the audit confirmations, don’t hesitate to reach out to your audit firm.

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Are white girls tighter than asians?

No, I'd say white girls spend more freely than Asian girls.