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Eligible Expenses. You can use your FSA funds to pay for a variety of expenses for you, your spouse, and your dependents. The IRS determines which expenses can be reimbursed by an FSA. To find out which expenses are covered by FSAFEDS, select the account type you have from the list below: Health Care FSA. Limited Expense Health Care FSA.
A flexible spending account (FSA) is offered through many employer benefit plans and allows you to set aside pretax money for eligible health care-related, out-of-pocket expenses for you, your...
IR-2024-287, Nov. 7, 2024 — The Internal Revenue Service reminds taxpayers that during open enrollment season for flexible spending arrangements (FSAs) they may be eligible to use tax-free dollars to pay medical expenses not covered by other health plans. ... Many over-the-counter items that are FSA eligible. Eye exams or dental visits: Out ...
Need to use up the last of your FSA funds? Here some unexpected FSA-eligible items that are worth every penny.
You can use your flexible spending account (FSA) money to buy thousands of healthcare products, including allergy medicine, fertility tests, knee braces, blood pressure monitors, and more. Here’s...
A flexible spending account (FSA) can help you save money on healthcare expenses for you and your family. For 2024, employees can set aside up to $3,200 for healthcare FSAs, which they can then use on eligible medical expenses. 1.