Berkeley CSUA MOTD:Entry 18878
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2025/07/09 [General] UID:1000 Activity:popular
7/9     

2000/8/4-5 [Industry/Jobs, Computer/SW/Compilers] UID:18878 Activity:moderate
8/5-1   When people talk about flex dollars (for insurance and stuff)
        they always say to use it or lose it.  What does this mean?
        I thought you could always elect to have the leftover money
        go towards your salary or 401(k) contributions.
        \_ Then you weren't paying attention, were you?
        \_ I get leftover monies in a lump-sum around mid-year.
           You can look at this as them "secretly" giving you a higher
           salary, and having to pay for your own benefits. (tax-
           advantaged, and at group rates)
        \_ Most places if you don't use the leftover money it goes to the
           company doing the flex plan.  However, most places also let
           you spend money you haven't put in yet (at least for medical)
           so it's possible to spend money you haven't put in,
           leave the company, and not have to pay it.
2025/07/09 [General] UID:1000 Activity:popular
7/9     

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