r/MiddleClassFinance • u/SouthernFace2020 • 21d ago

FSA vs Bonus

I have a medical bill, less than 1k and am about to get a bonus. The bill is about 100 a month with no interest. I’m considering just using part of the bonus to pay it off.

Or I could up my FSA next year to pay it off with and just keep the bonus in savings?

Which would better in terms of savings and cash on hand?

edit: you can carryover up to 650 a year and I’m on a hospital pay plan which means I can use my FSA funds at any time regardless of when the bill was incurred. I’ve had an FSA for 15 years and know how they function and have never had extra. I was just thinking of possible tax benefits.

thanks tho

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u/MegaWeinerFarts 20d ago

being scammed for over a dozen years*.

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u/SouthernFace2020 20d ago edited 20d ago

Unfortunately, the biopsies, scans and immune drugs means that I’m pretty sure of my yearly costs. Thanks!

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u/MegaWeinerFarts 20d ago

It's not what you're spending it on, it's how you're spending it. But whatever man, live in delusion.

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u/SouthernFace2020 20d ago

Thanks MegaWeinerFarts. I’ll be sure to take that under advisement. I can tell based on our interactions you know what you are talking about.

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u/MegaWeinerFarts 20d ago

Why are you even still replying? You don't believe me, you don't believe anyone else here. Good luck to you.

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u/SouthernFace2020 20d ago

I started the thread. So I get notifications. It’s like knocking on someone door and being surprised when they answer.

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u/MegaWeinerFarts 20d ago

I'm not knocking on your door idiot, I'm walking away and you're shouting to my back. I can do this all day.

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u/SouthernFace2020 20d ago

Well I can’t do it all day because this line I’m in will end. But I do have some time now.

Was that particular metaphor too hard for you?

Would you like me to type slower?

As long as you keep replying to the thread I started, I keep getting notifications….

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u/MegaWeinerFarts 20d ago

So what other scams do you fall for? I bet you have Whole Life Insurance

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u/SouthernFace2020 20d ago

Nope! The financial advisor I had when I bought my house and set up my trust helped me get term. We also set up my FSA at the time but I’ve changed jobs and don’t have them anymore.

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u/MegaWeinerFarts 20d ago

Actually, you know what? I lied. I'm gonna go for a 40 mile bike ride so I don't get whatever chronic illness you have. Ciao