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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: John J H Kim who wrote (15482)6/11/1999 11:25:00 AM
From: Pierre  Read Replies (2) | Respond to of 43080
 
No MSA here, John - don't know why. Looks to be a good deal. Anxious to see responses to your question.

Anyone playing Oracle into earnings? Looks to have firmed up here. If I'm reading chart correctly, major resistance @ 30, but good for 5 points if can break through. Thoughts? Oh yea, on Oracle thread word is Ellison looked relaxed on television recently - not sure this is sufficient dd, however.<g>

Pierre



To: John J H Kim who wrote (15482)6/11/1999 11:43:00 AM
From: BoNg-N-BoNg  Read Replies (3) | Respond to of 43080
 
off topic: MSA - no I don't but my understanding is they're supposedly some sort of way to save money on your medical bills and it's tax deductible whatever u put on your MSA but they're tax disadvantage also since u might forfeit it by the end of tax year on all those money that u don't use on your MSA account... I think it's advantage to employees who have "families" esp. if u or your dependents visit the doctors often.. U have to estimates your medical expenses every year that is NOT cover w/ your medical insurance to maximize its uses.. for example, u and your dependents spent about $500 in expenses yearly on your medical bills that is not covered w/ your insurance and u put about $600 on your MSA for that tax year, after subtracting it, u will forfeit the $100 extra for that tax year (I don't believe that u can carry that extra 100 bucks on your next tax year)..

If u have HMO, u basically don't need it since in "theory" u or your dependents don't have to pay any bills everytime u see a doctors/hospitals...

just me..
eLmer

p.s. pls. someone correct if some of what I said is inaccurate.. thanx



To: John J H Kim who wrote (15482)6/11/1999 4:46:00 PM
From: Jay Lyons  Read Replies (1) | Respond to of 43080
 
Hey John-

I've had a MSA in the past. The only trick to them is to make sure that you don't over-estimate, cause you don't get any refunds on what you don't spend. Low ball your estimate by a little. Except for that, they're a no brainer...you pay pre-tax bucks for all your medical expenses. There's a child care account that works the same way, BTW.

Jay