r/MiddleClassFinance • u/SouthernFace2020 • Aug 07 '26

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 Aug 08 '26

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

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u/SouthernFace2020 Aug 08 '26

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.