Need to spend that leftover FSA money? Here’s a good place to start
HUNTSVILLE, Ala. (WHNT) – Many of us have a Flexible Spending Account, known as an FSA, through our employers.
The plans work by letting an employee “set aside” a certain amount of pre-tax income to be used for medical expenses. That’s a good deal for employees, since they play less in taxes.
The catch? You have to use the money within a year.
A lot of people don’t do that, or end up with extra money set aside as the end of the year approaches.
If you’re looking for a way to use up that money, you might consider spending it on FSA-qualifying items like band-aids, first aid kids and more.
Instead of trying to figure out which items qualify in your local pharmacy or grocery store aisles, you can save time with a trip to a website like FSAStore.com.
FSA Store lets consumers make purchases directly with an FSA debit card, as long as they are qualifying items. Little red “check” boxes indicated approved items, making it easy for you to see what items can be bought without the hassle of extra paperwork, like receipt reimbursements.
FSA Store also offers a wide range of products – from basic health care items to specialty products like baby heartbeat monitors. There are even emergency first aid kids for hunters or fisherman.