If you have a remaining balance in your employer established flexible spending account (FSA), (also called a flex plan, reimbursement account, Flex 125, or a Cafeteria Plan) check your employer’s coverage period. For many FSA plans, you must use all of your FSA contributions by the end of the year, or lose them. Did you know that you can use your FSA contributions on the following?
- LASIK eye surgery
- Refractive Lens Exchange (RLE) surgery
- Prescription eye glasses
- Prescription sunglasses
- Contact lenses
- Routine eye exams
- Deductibles, copays, or co-insurance for medically necessary procedures such as cataract surgery, eyelid or brow surgery, and other procedures.
- Some dry eye therapies
Your HSA (health savings account) […]