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This Web site contains a compilation of more than a thousand consumer finance  columns written by Tony Novak from the 1980s through 2006, updated and reformatted for maximum usefulness today.  New material was added after 2010.

Content is the opinion of the author and does not represent the position of any other person or entity. Information is from sources believed to be reliable but cannot be guaranteed.

The author is paid for product endorsements and has an ownership or other financial interest in the businesses related to the topics covered.

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Setup time for FSA

originally posted: 11/22/2006  reposted: 2/18/2011 This post has not been recently reviewed or revised by the author and may be out of date. If in doubt, please send a new question or ask for an update.

Q: What is the set-up time for a Flexible Spending Account for our 4 person company?

A: Normally the response time for Freedom Benefits services is one business day but right now (early November) the FSA is currently being revised with additional features and IRS compliance items for 2007. This will cause a delay of up to one week. In any event, the setup should be complete within a week.

Summary

More resources:

www.freedombenefits.org