Posts Tagged with “flexible spending account”
If you have a flexible spending account at your work, you can use it with 1 800 Contacts here and save money, get your contacts delivered to your door, and use pre tax income. Click the banner here to find out more now.
What is a Flexible Spending Account?
A Flexible Spending Account is a fund which allows you to pay for eligible medical expenses with pre-tax money. Doctor office co-pays, bandages, contact lenses, contact lens solution, etc. are eligible expenses. Many employers include the option of a Flexible Spending Account with their benefit package.*
Use it or lose it!
Flexible Spending money must be used by a specific date set by your provider.* If the funds are not used by this specified date, all remaining money is lost.
Here are some tips to make sure this doesnâ€™t happen to you:
* Talk to your company or provider about enrollment and expiration dates.
* Track your exact balance throughout the year.
* Donâ€™t wait until the last minute. Last minute purchases run the risk that they will not be eligible for reimbursement.
* If you donâ€™t have an FSA card, ask for an invoice or receipt to submit for reimbursement.