Medicines or drugs qualify as medical expenses if they require a prescription, are over-the-counter medicines that are prescribed, or are insulin. FSA-eligible items also include things like bandages, crutches,
A dependent-care FSA and a health-care FSA are both employer-sponsored accounts where workers can contribute pretax money. A dependent-care FSA can be used for qualified dependent care expenses for children under the age of 13 or for a spouse or relative who is unable to take care of them...
Eligible FSA expenses are health care costs not covered by insurance. Though each individual employer’s plan differs, a variety of items and services may be included. You also can use your plan to cover your spouse’s and children’s expenses, or any expenses incurred by your dependents (as...
If you have an HDHP, you may be eligible for an HSA. If you have a traditional health plan through your employer, an FSA might be your only option. What are your anticipated medical expenses? Because you can carry over all unused funds, an HSA provides more flexibility if you have low...
some schools verify all students' FAFSA®forms, or you may have accidentally made an error while completing the form. All you need to do is provide the documentation your school asks for — and be sure to do so by the deadline — or you may not be eligible for federal student aid. ...
Some procedures or health-related expenses aren't covered: Expenses for surgery for cosmetic purposes and for items or services that are just beneficial for general health,such as gym memberships, aren't reimbursable. Funds have a "use it or lose it" provision: Generally, you must use the mo...
aYou have some items in your cart that are not FSA eligible and cannot be charged to your FSA card. Please choose one of the following options to resolve this issue: What's FSA? 您有不是FSA合格,并且不可能被充电对您的FSA卡片的有些项目在您的推车。 请选择以下选择之一解决这个问题: 什么是...
Utilize Over-the-Counter Items:Take advantage of the opportunity to use FSA funds for over-the-counter medical supplies and medications during the grace period, maximizing the flexibility of eligible expenses. Plan for Future Expenses:Assess upcoming healthcare needs and anticipate potential expenses th...
2024 FSA-Eligible Items & FSA-Eligible Expenses A flexible spending account (FSA) can help you save money on healthcare expenses for you and your family. 3 min read Employee Benefits What Is an HSA? One way to help save on those costs is with a health savings account (HSA), an accou...
Though time may be running out, there are still plenty of ways to use your FSA money before the Dec. 31 deadline. If you have a bigger balance, you may want to pursue bigger ticket items like eye exams, glasses and contact lenses or dental work, suggested Sprung, who is also the ...