Q. I am a FERS employee who did a one-year-and-one-day residency (366 days) at the Veterans Affairs Department. During this residency, I was a full-time (40-hour-a-week) employee receiving benefits (health care, annual leave, sick leave, etc.). However, I did not contribute to FERS or the Thrift Savings Plan during this year and my “term” of employment was allotted for only one year. After the residency, I was hired as a full-time employee at VA contributing to the FERS pension, and I still continue to work in the VA system. 1. Does this one year of residency count as a year of…
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Q: If I buy a battery pack for a CPAP machine, will it be covered under my flexible spending account? A: CPAP devices and supplies (which would include batteries) are eligible for reimbursement from an FSA.
Q: I have read in the press that the new health care legislation limits flexible spending account contributions to $2,000 a year. When will this limit take effect? A: The annual FSA contribution limit is scheduled to be reduced to $2,500 beginning in 2013.