As scary as it sounds, the end of the year is approaching and we are routinely asked questions about planning for the upcoming years Flexilbe Spending Accounts (FSAs). For those of you that have an FSA, you understand the benefits of paying for your orthodontic care with pre-tax dollars. You may have already heard from your employer that these benefits will be changing for 2013. Beginning Jan 1, 2013, employee salary reduction contributions to health FSAs will be limited to $2500 per plan year.
This is the perfect time to call to evaluate your future orthodontic needs or if you need to restructure your present payment plan to take advantage of the current tax laws (i.e. using all your 2012 FSA benefits now to reduce your current contract).
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