8 smart year-end tax moves
2. Check deadline for flex accounts
Some employers still use a December 31 cutoff for spending FSA funds on out-of-pocket medical costs. However, many companies have adopted a two-and-a-half month grace period, moving the use-it-or-lose-it deadline to March 15, 2013. Make sure you know your plan’s deadline so you don’t forfeit unspent funds.
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