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401(K) Plans
We can quickly set
up a new plan for your company or administer your existing plan.

Section 125 Cafe' Plans
Flex Medical and Flex Dependant Plans are an economical benefit program for
your employees. |
What
qualifying expenses can I claim for
Medical Care?
From dollar one, without regard to the 7.5% of adjusted
gross income limitation, you may claim those medical expenses normally
deductible on your federal income tax return.
Some examples of those expenses include:
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Co-pays for
prescription medicine, birth control and vaccines that your doctor
prescribes.
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Co-pays for
medical doctors, dentists, eye doctors, chiropractors, osteopaths,
podiatrists, psychiatrists, psychologists, physical therapists,
acupuncturists and clinical psychologists.
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Medical
examination, tests including x-ray, lab services, MRI, etc.
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Services
such as whirlpool baths, massage therapy, and other treatments prescribed
by a doctor for a specific condition.
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Nursing
help for home care (only services performed for nursing, not
housekeeping).
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Treatment
at a center for substance abuse.
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Hospital
care and the tests and treatment included.
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Dental work
including fillings, crown work, dentures, and maintenance care.
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Eye exams.
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Over the
Counter (OTC) medications such as antacids, allergy medicines, pain
relievers, and cold medicines.
See our related OTC Info page
Medical
aids such as wigs, hearing aids, eyeglasses, contact lenses, braces,
orthopedic shoes, crutches, wheelchairs, guide dogs and the cost of
maintaining them.
Transportation expenses including ambulance service and other travel costs
to obtain medical care. You may use your own car and calculate expenses
at 10 cents a mile. This includes parking and tolls.
There are some exceptions:
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The basic
cost of Medicare insurance (Medicare A).
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Life
insurance or income protection policies. (These may only be salary
reduced.)
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Accident or
health insurance for you or members of your family. (These may only be
salary reduced.)
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Nursing
care for a healthy baby.
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Travel for
rest or recuperation.
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Cosmetic
surgery or procedures.
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Long term
care expenses.
You may claim reimbursement on:
Contact us today for more information:
AIM
PO Box 24456
Louisville, KY 40224 |
Phone:
502/426-1235 or 877/426-1235
Fax: 502/426-6569 or 815/361-1988
Email:
info@aimadministrator.com |
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Administrative Information Management, Inc. All Rights Reserved.

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