Some common products you’re apt to pack in your travel bag are eligible for FSA reimbursement. Wound care supplies like sterile bandages, gauze, and tape.First-aid accessories, like finger splints and slings.Many common over-the-counter first-aid supplies are eligible for FSA reimbursement as well. Anti-itch cream and other topical ointments.Cough and cold medication, including cough syrup.Over-the-counter pain relievers and fever reducers like ibuprofen and acetaminophen.Nasal sprays for cold, allergy, and general congestion.This year, it feels like the entire pharmacy aisle is up for reimbursement: Over-the-Counter Medicationįederal COVID-relief legislation greatly expanded the list of FSA-eligible medications. Or take the fun find-your-frame quiz to find the perfect match. It also carries specialty glasses, such as multifocals, sport glasses, and clip-on and polarized sunglass lenses.īefore you choose from the more than 9,000 frames in stock, use ’s frame sizing and virtual try-on tools.
offers prescription eyeglasses, nonprescription lenses, sunglasses, and contact lenses for kids and adults. You can get affordable, stylish eyewear products at online retailers like. Then, replace your glasses, buy prescription sunglasses, or order new contacts to go into the new year with style.īut that doesn’t mean you should splurge on eyewear. So schedule an eye exam, especially if you know your prescription has changed. If your health insurance doesn’t include vision coverage, your FSA is likely your best option to reduce out-of-pocket eye care and eyewear expenses. These are the most common FSA-eligible expenses allowed under existing law. You shouldn’t have trouble spending down your FSA account, but you need to get moving. So you should always choose your FSA over your HSA when you have the option. But health savings account balances have no expiration date and can grow tax-free indefinitely. Note that some FSA-eligible expenses are also health savings account-eligible. Fortunately, many health and wellness expenses are eligible for FSA reimbursement. If most of your health care FSA balance will evaporate this New Year’s Eve, you have some shopping to do. But employers aren’t required to make this change, and many haven’t. That’s not necessarily the case this year thanks to a federal law permitting employers to allow employees to carry over unused FSA funds from this year to the next. You can only carry over a small portion of the funds - $550 of the $2,750 maximum contribution - into the next year. Typically, you must spend most of the money in your health care flexible spending account (FSA) before Dec.
0 kommentar(er)
