Posted by
alfredlester on Tuesday, March 15, 2011 7:12:47 PM
Tuesday, March 15, 2011, is your last chance to use the money in your Flexible Savings Account, also know as a Flexible Savings Arrangement (FSA). The FSA Is A savings vehicle Some Employers offer Which Comes With tax-free Benefits. Employees Designate a Percentage of Their paycheck to Be Diverted To The FSA pre-tax. The FSA Can Be Used Throughout The year to pay for qualified medical Expenses, Including out of pocket Medical Expenses. Co-payments for Appointment with doctors, dentists, specialists and prescription drugs are covered. The downside Of The FSA Is That If You Do not Spend the money socked away in your FSA account, you lose it. What Happens If You Do not spend it? The money goes back to your use.
You May Not Have a doctor&&9;s appointment to There Are Ways to Spend Your FSA today Before you lose your hard-earned money. Check with your company&&9;s plan to see if They Still allow you to Spend the money-through March 15, 2011, did not all do.
* Outstanding Pay Any co-payments to doctors
* Make an eye appointment if you are due for One
* Purchase a second pair of glasses if your current Rx IS less than 1-year-old
* Make a Payment Toward orthodontia
* Buy gold contact solution eye care products.
* Replace or buy a hearing aid
* Pay for a health club membership if You Have a doctor&&9;s note exposant Medical Necessity outdoor fireplace. Check with your plan rules first, or risk HAVING The Expense denied.
* Refill prescriptions birth control
* Stock Up on allergy medications.
* Fill a prescription for prenatal vitamins
* Buy a new first aid kit
* Clean out your medicine cabinet and replace approuvé OTC products. "If you are buying bread OTC year reliever With Your FSA, Be Sure To Have a prescription from your doctor or It Will not Be an Approved purchase in your FSA account. This Is New for 2011.
* Fill "any of your current prescriptions.May your prescription coverage limit refills How Many You Can Receive in one month (Something as mundane event we have fluoride), goal if You Have not filled your recurring requirements yet this month, do it today and pay for it using your FSA.
* Shop Online for OTC product Covered by your FSA. A number of websites Have A Separate Section and label FSA-eligible products, Including Drugstore.com, Walgreens.com and Walmart.com. Always double "check the restrictions listed in The Plan documents, Which May Have restrictions on Which products are eligible for purchase with Your FSA.
FSA: March 15 IS Use it or Lose it Day