What can I spend my FSA money on? You can use yourhealth care FSAfor medical expenses like doctor visits, lab fees, chiropractor fees, prescriptions, home medical equipment and more. You can use your health care FSA fordeductibles, coinsurance and copays, too. Dental and vision care are al...
When it comes to insurance — especially a flexible spending account (or FSA) — it can take some research to learn which expenses are approved. Maybe you’ve been contributing money to your FSA but have no clue what services or products you can actually spend it on. What you can get fo...
If you're looking to save money on yourmedical expenses, you might consider opening aflexible spending account (FSA). With an FSA, individuals can use pre-tax money on a number of expenses that medical or dental insurance doesn't cover, including co-pays and coinsurance, as well as certain...
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Parents without a Social Security number can now create an FSA ID, but there are additional steps to verify their identity. Changes to the Need Analysis Formula Beginning with the 2024-2025 award year, the expected family contribution – a formula to determine financial aid eligibility – is...
One of the most common questions taxpayers have is, “When will I get my tax refund?” We’ll walk you through the timeline for receiving your refund and provide tips on checking its status so you can anticipate its arrival. Using the tool linked above, we can help you check your tax ...
Contributions can be invested: The money in your HSA can be invested in stocks, bonds, ETFs, mutual funds and other securities and your earnings are tax-free. Flexibility: Unlike an FSA, you don't have to spend the balance of your HSA by the end of the plan year. And, if you leav...
You can use funds from your health-care FSA to pay for eligible medical costs for both your spouse and tax dependents, regardless of the medical insurance in which they are enrolled. To use funds for your dependents, they must be claimed on your tax return, and dependents can't file their...
How Can I Check the Balance on My HSA? Most financial institutions that provide HSAs offer their customers various ways to check their account balances. These include: Online access: YourHSA providerwill give you access to your account online, and you can log in just as you would ...