Oct 21
How can I used pretax money to pay for personal medical insurance premiums?
Posted on Wednesday, October 21, 2009 in Insurance
Ken T asked:
My employer is a small business owner and does not provide benefits (health insurance, 401k, etc.). My wife and I are pretty health, so even with the insurance premiums – we don’t have enough medical expense to use as an itemized deduction (7.5% of gross earning). Is there any options for me to be able to pay my insurance premiums with pretax dollars?
Arlene
My employer is a small business owner and does not provide benefits (health insurance, 401k, etc.). My wife and I are pretty health, so even with the insurance premiums – we don’t have enough medical expense to use as an itemized deduction (7.5% of gross earning). Is there any options for me to be able to pay my insurance premiums with pretax dollars?
Arlene