Health care reform is not all positive. The understatement the century. For example under both the House and Senate bills the flexible spending account will be limited. Currently the limit under both bills is $2500 per year. The Senate version is effective 2013 and the House 2011. While the average employee contribution is not more than that amount, there are many workers who will plan to use more in their account for a specific purpose such as a child braces. In addition, companies offering high deductible health plans often encourage workers to use an FSA to better manage their out of pocket costs.
2010 may be the last year to take full advantage of the flexible spending account.
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