Optimizing Medical Flexible Spending Accounts
Document Type
Thesis
Degree Name
Master of Science (MS)
Department
Mathematics
Date of Award
Summer 2014
Abstract
In this paper we discuss the characteristics of medical flexible spending accounts (FSAs), including their tax benefits and forfeiture risk. We examine previous work that discusses the problem of optimizing FSA contributions to minimize the risk and maximize the benefits, all from the perspective of the utility of money. Finally, we conduct new work in the optimization of FSAs. In particular, we examine the role of risk aversion in FSA optimization.
Advisor
Thomas R. Boucher
Subject Categories
Mathematics | Physical Sciences and Mathematics
Recommended Citation
Jacobs, Cassidi Dawn, "Optimizing Medical Flexible Spending Accounts" (2014). Electronic Theses & Dissertations. 582.
https://digitalcommons.tamuc.edu/etd/582
