Flexible Spending Accounts (FSA) in an Oregon Divorce
What to Know a Flexible Spending Account (FSA) in an Oregon Divorce
A Flexible Spending Account (FSA) is tax-advantaged savings account that allows you to set aside money to pay for qualified health care and dependent care expenses.
Normally, a Flexible Spending Account cannot be transferred from one spouse to the other in a divorce. However, an FSA is still a marital asset if it was funded during the marriage.
The primary way to handle an FSA in a divorce is to assign to the other spouse a different asset of similar value. Because an FSA is funded with pre-tax dollars, it is important to consider what would be approximately the equivalent after-tax value of those dollars when deciding how to equalize its value with a different asset. Matthew will help you determine an equitable calculation.
How Mediator Matthew House Will Help You with Your FSA in Divorce Mediation
Matthew will help you navigate the process and understand the laws, regulations, and norms that apply to the post-divorce ownership and use of a Flexible Spending Account.
Next Steps
Please schedule a FREE consultation as soon as you're ready to begin mediation.