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Royce got interested in FSAs two years ago, when his wife bought a pair of glasses she didn't need solely to drain her FSA by year's end. Indeed, studies have shown that FSAs are a late-year boon to ophthalmologists: eye-care expenditures spike in the fourth quarter. If it's not eyes, it may be an extra dental cleaning or cosmetic surgery. "Use-it-or-lose-it is the worst of all economic incentives," Royce says. He holds out hope for his bill. President Bush last month approved fsas for all federal employees, and he provides...

Author: /time Magazine | Title: Inflexible-Spending Accounts | 10/21/2002 | See Source »

...Royce got interested in FSAS two years ago, when his wife bought a pair of glasses she didn't need solely to drain her FSA by year's end. Indeed, studies have shown that FSAS are a late-year boon to ophthalmologists: eye-care expenditures spike in the fourth quarter. If it's not eyes, it may be an extra dental cleaning or cosmetic surgery. "Use-it-or-lose-it is the worst of all economic incentives," Royce says. He holds out hope for his bill. President Bush last month approved FSAS for all federal employees, and he provides...

Author: /time Magazine | Title: Inflexible-Spending Accounts | 10/17/2002 | See Source »

...biggest factor is that consumers have caught on to the convenience of being able to check their balance 24/7 and see exactly when checks clear. The time savings is also a boon, says Javelin Strategy analyst James Van Dyke. Typically, it takes an American household about two hours to pay its 10 to 12 bills each month, according to Van Dyke's research. Automating everything takes about two hours to set up, but after that, each month's bills can be paid in about 15 minutes. Van Dyke sees people who start out paying a couple of bills electronically...

Author: /time Magazine | Title: The Check Is in the Mail. Not! | 10/14/2002 | See Source »

Very understandably, many students at Harvard College have trepidations about the notion of preregistration for classes—to which, as The Crimson has reported, Dean of the Faculty of Arts and Sciences (FAS) William C. Kirby is giving serious consideration. The institution of shopping week is certainly a boon to the quality of undergraduate academic life, and any threat to the flexibility associated with shopping week is sure to be appraised with a suspicious eye. Thus, as both a tutor in the House system and a graduate student in a department (sociology) in which grad students have long advocated...

Author: NO WRITER ATTRIBUTED | Title: The Case for Preregistration | 10/7/2002 | See Source »

...specialized focus of New Orleans shops is a boon to collectors like Anne Jennings, 57, a retired teacher from Roanoke, Va. Jenkins' mother owned a set of rare 100-year-old Imari plates, which are hard to find in good condition. For her mother's 70th birthday, Jenkins spent three months in antiques centers like Boston and Charleston, S.C., searching in vain for a matching set. Then in one visit to Magazine Street, Jennings had a "great conquest": she found 12 more plates in good condition for $1,000. "My mother was so thrilled," she says. "Every time...

Author: /time Magazine | Title: Travel: Big Easy Bonanza | 9/30/2002 | See Source »

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