Use an FSA debit card? Keep all your documents

Ruralinfo

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Postal Service employees with flexible spending account debit cards might be asked to provide documentation after using the card for out-of-pocket expenses. Inspira Financial, the Postal Service’s flexible spending account administrator, must ensure that such purchases are eligible under Internal Revenue Service rules. If a request from Inspira is not met, the company might deactivate […]
 
Postal Service employees with flexible spending account debit cards might be asked to provide documentation after using the card for out-of-pocket expenses. Inspira Financial, the Postal Service’s flexible spending account administrator, must ensure that such purchases are eligible under Internal Revenue Service rules. If a request from Inspira is not met, the company might deactivate […]
Why I didn’t opt in for Inspira this year I felt like I was doing my taxes every four months hunting for documentation and it’s not so clear about what you’re looking it was a pain in the ass. And with the amount of time that I was having to procure all these documents, it wasn’t worth the tax relief, cause I have him to work all this extra time procuring all these forms. So now I have a savings account and I put my buy monthly amount in that I used to do and I can use it for whatever I want without having to procure documents. I’ve always had a FSA account but not anymore. That was a pain.
 
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