Tuesday, May 29, 2012
Saturday, May 26, 2012
ADP.Flexdirect.com / flexdirect.adp.com
My grandfather wanted to teach me the value of time, he would tell me, every chance he got, that I should balance my time and my efforts. Trying to save money by spending so much time looking for the best savings or deal. Balance your time and your efforts.
Well, he was so right, the last few years I was sucked into a scheme to save tax money called ADP Flexdirect, by putting some money aside (before taxes) and using that savings as the year went along to pay the doctor's co-pays, glasses and all things out of pocket medical, this was to save paying the little bit of tax money you put aside. Seemed fairly simple and straight forward, not illegal by any means.
So, the company gave me a medical debit card and I went about saving tax money the first year was fine. Then I started getting the emails saying I needed to substantiate a claim here and there, I was okay with a couple of those. A year later they needed me to substantiate any claim made by anyone not approved by them? Next they gave us a list of approved pharmacies ( Wal-Mart and Walgreens ). Last year I had to substantiate an out-patient hospital procedure at UAB (a local University Hospital).
Now slapped in the face with the reality that I was not saving money, even as bad as I don't like giving money to the government, I truly dislike wasting my time. Next time your company or accountant tells you they have a money saving program tell them your are interested in money making programs.
Any Employer's reading this should consider how much productivity time is wasted filling out and faxing the forms and human resources time is wasted on this scheme.
And if ADP can prove to me I saved 1 cent with Flexdirect in the last two years, I will apologize right on this post, considering a fare wage for my time and resources used!
ADP Flexdirect {dot} com wasted and cost me a lot more money than it saved me, and it made me none!
Wish I had learned better, what my grandfather tried to teach me!
