#for signal boost reasons
so anyone with FSA that’s about to expire should really check out FSAstore before it expires. you can literally buy almost any OTC medical supplies you need on there and it’s perfect to use up your FSA before you lose it
you can also buy period supplies, contraceptives, mobility aids, and Plan B. everything normally arrives within a week. it’s all 100% eligibility guaranteed and will be instantly approved on your FSA card!
another addendum: you can also buy prescription glasses, first aid kits, skincare products and physical therapy items!!! ALSO, if you have an HSA rather than an FSA, you can use that as well.
I’m lucky enough that my FSA is rolling over into next year and I’m not losing my leftover balance, but many people’s expires at the end of this year! go check it out or tell your family members who have these plans.
(this is not sponsored; we just have been heavily relying on this website and it has really saved our shit a lot of times, and i grew up watching my mom scramble to not lose hundreds of dollars every year while fighting with receipts at drugstores)
there is only like one week left until FSA/HSA expires so I’m gonna reblog this a few times for exposure because it really is a life saver and a way to get your money back from FSA in medical supply form !!!!
I used to work in FSA/HSA admin, and I strongly suggest reaching out to your hr or your tpa to figure out what the regulations are for this year because there has been a LOT of COVID related changes around FSA, and which changes each company adopted is different.
Some companies allow for dollars to carry over into the FSA for the next year. This is typically capped out at around $500, but the government is allowing for companies to choose to offer unlimited carryover for plans ending in 2020 and 2021, so a lot more people are not going to be losing their money, just as a this year thing. Other companies allow for grace period, where you have a couple of extra months to spend down the funds from the previous year. Typically this ends on 3/15, but again due to COVID employers can choose to extend this to 12/31/2022 for plan years that end on 12/31/2021.
For HSA I don’t suggest a panic spend down, those funds just stay with you in a bank account that you own. They’re essentially IRAs but health related. That being said, the FSA store is an awesome resource that is available to use your pretax dollars on.
Oh hey! Does this particular part of the amazingly horrible US healthcare system apply to you? If so make sure to know your policy’s options like this. If you don’t know ask the HR person at work.
As someone who now helps people with eyecare, giving a big signal boost!
