Spending Account Systems and Methods
AssigneeAmerican Express Travel Related Services Company, Inc.
InventorsSarah Harrison, Jason Jagatic, Dana Klaboe, Leigh Malnati
Life of this patent
Estimating the term…
Abstract
A computer-implemented method and system to facilitate a purchase utilizing a tax-advantaged account. A request for payment for an item is received at a host computer. The item comprises any item that qualifies for pre-tax treatment, including, but not limited to: a medical expense; a dental expense; a dependent care expense; a childcare expense; a work-related parking expense; and a work-related transportation expense. The system determines whether the item qualifies for pre-tax treatment. If the item qualifies for pre-tax treatment, then the tax-advantaged account is debited for at least a portion of the purchasing amount of the item based on the payment request.
Claims4
A computer-implemented method to facilitate a purchase utilizing a tax-advantaged account, comprising the steps of:
- a) receiving, at a host computer, a request for payment for an item, wherein said item comprises any item that qualifies for pre-tax treatment, including, but not limited to:
- a medical expense;
- a dental expense;
- a dependent care expense;
- a childcare expense;
- a work-related parking expense;
- and
- a work-related transportation expense;
- b) determining whether said item qualifies for pre-tax treatment;
- and
- c) if said item qualifies for pre-tax treatment, then causing the tax-advantaged account to be debited for at least a portion of the purchasing amount of said item based on said payment request.
Dependencies are inferred from the claim text.