Thursday, January 8, 2009

Health Care Credit

GARETH SAYS...

We are changing our healthcare scheme at work as a result i no longer need my healthcare bank card.

I phoned them up to find out how much money i had on the bank card.

$3000!!!!!!!!!

Now as far as i can see it this is free money!

As part of our insurance plan, work paid $2000 into the account each year and in the 2 years i have been in the US i only used $1000.

I can withdraw the money and use it however i like although there will be a 30% tax fine on it! That means i can get my grubby little mitts on $2000 and put it towards the loans.

Thank you work!!!

Thank you America and your weird healthcare system that i still don't fully understand!

1 comment:

Steve said...

To take the money tax free you need to put it against health costs somewhere. Have you bought any spectacles? Had any dental work done? Had anything expensively removed from an oriface? If so you may get a portion tax free...