Re: You (all) lie!
 

Ack! Let me just say that while I'm sure the Ilya Shapiro would gladly debate anyone, and would most certainly make with the lots of words and smugness stuff, but that anyone would choose to cite him as evidence of an informed position is beyond me. I know him and his work, and he is a hack.

He is also no law professor.

FSAs
 

Let's say you set your FSA at $1,200 for the year. The firm starts deducting $50 per pay period to cover this amount by the end of the year. You get lasik for $1,200 January 1st. You are reimbursed by the firm for the full amount on January 15th. You leave the firm January 30th. The firm has deducted only $100 from the two paychecks they have issued you. They are out $1,100. They don't deduct the rest of the amount from your final paycheck.

On the flip, if you set your FSA at the same amount, planning on getting Lakik, but you wait until December to do it and then chicken out (or go on vacation and forget to get it done before the end of the year), the $1,200 that has been deducted from your salary is pocketed by the firm.

TM

Re: You (all) lie!
 

Yea, that's about right. It's very sad. This country once stood on principals. Then it stood on the illusion of principals. Now even the illusion is gone.

Re: You (all) lie!
 

But I don't understand your principals.

Just what in the bill do you think is unconstitutional, or do you just think it SHOULD BE unconstitutional, even if the founding fathers forgot to include it. If the latter, there is an amendment process, but it's not easy and for good reason.

Re: FSAs
 

your old firm is unusual in advancing, i think.

Re: FSAs
 

Having never done it, I don't know, but I would be surprised if my firm didn't take the money out of the last pay check.

Re: FSAs
 

most big firms are way too disorganized for catching that.

Re: FSAs
 

I think you are wrong.

TM

Re: FSAs
 

No advancing here, but I don't know how it works elsewhere. Here it is outsourced to a TPA.

Re: FSAs
 

2. I've had FSA thru 5 employers (counting wife's) and 6 administrators and *all* of them advanced FSA reimbursement dollars.

ps: May be distinguished by the use of a Plan Administrator. Never had an employer self-administer.

Re: FSAs
 

I stand corrected. in fact it may be illegal to not advance.

I hate the FSAs. We were told they require no maintenance, and that running them would be invisible to my staff. then someone here had to spend a day calculating discrimination testing, and at the end of that it turns out it's not available to the top __% of the firm. I forget the % but it is high. highly compensated can use it for deductible, but nothing more. So since it takes staff time to run, it actually costs me money to let other people use it.

Re: FSAs
 

We have the same; ours does end up available to everyone, but the usage for all but the very junior partners is cut by more than 50%

Re: You (all) lie!
 

Remember that all the time it was standing on principles, such as self-reliance and rugged Promethian individualism, the country was also standing on the backs of hundreds of thousands of blacks. Doesn't seem so rugged or self-reliant when your wealth and prosperity exists in part because your workforce is cut out of the wealth and prosperity equation. So I think your nostalgia is selective.

Re: FSAs
 

My flex account advances, also.

I think that technically you're supposed to pay back, but no one does.

Re: You (all) lie!
 

"hundreds of thousands of blacks" = "principals", no?