Use It or Lose It

As we approach year’s end and if you happen to be one of those that has a Flexible Spending Account (FSA) that does not roll over after December 31st, then now is the time to use it.

What is a Flexible Spending Account (FSA)? An FSA is typically funded by the employee as a health benefit. This account allows employees to contribute pre-tax dollars to pay for qualified health expenses not covered under insurance plans and funds must be used by December 31st. You may use these to pay for eligible health care expenses such as co-payments, deductibles, pharmacy expenses, dental, and vision.

You can pay for eye exams and prescription glasses and contacts with your FSA. But did you realize that prescription sunglasses are also covered? You can also buy reading glasses with your FSA. You can receive a Lasik procedure with FSA dollars, since Lasik is considered cosmetic it is not covered by insurance.

Schedule your appointment today.

412.331.9696

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#UseItorLoseIt

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Sources:
www.goodrx.com
www.etf.wi.gov
www.healthcare.gov

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