Does your employer offer the opportunity to enroll in a flexible spending account at annual enrollment? Have you gotten to the end of the year and not spent all of your dollars for the year?
A flexible spending account or limited purpose flexible spending account is a use it or lose it account. A limited-purpose FSA is used with a high deductible health plan and money is not accessible until the deductible is met.
Employers may allow you to carry over a limited amount of money from year to year, generally, if it’s not spent by a specific date, then the money is gone.
Did you know these items are also FSA eligible?
- Shoe Insoles & Inserts including orthotics
- dental expenses
- breastfeeding supplies
- re-usable ice packs
- high-tech health including Bluetooth thermometer
- Nausea relief including Reliefband (these are amazing!)
Mileage can be submitted with the following information
I like using FSA Store to double-check any items – happy shopping! Your account may have different rules, so be sure to check with your employer or provider of your account.