Finding family health care savings can be exhausting with all the options out there and the limits associated with your coverage. You may wonder what alternatives you have. But, don’t be surprised to learn that you can save on health care. Through an employer-sponsored Flexible Spending Account (FSA) you can put aside tax-free money to cover qualified health expenses.
Because the FSA is pre-tax not only do you save on FSA eligible products, your FSA lets you shop for thousands of common health products you use every day, including sunscreen, contact lens solution, band-aids, heat wraps and baby care. Those add up to savings on family health care.
During every FSA plan year, employers take money out of your paychecks based on how much you selected to put aside. Starting this year, though, you will be limited to $2,500 per person to put into your FSA. Since FSAs are “use it or lose it,” any money unspent gets forfeited when your plan year ends. There are some employers that have a grace period, though –extension of FSA coverage – up to two and a half months. One big deadline ends on March 15.
Before March 15, be sure to check out FSAstore.com, the only one-stop-shop selling thousands of FSA-eligible products. You’ll also find a national provider database and a Learning Center that answers FSA-related questions. Save on FSA-eligible products throughout the year with FSA Store’s special offers for additional family health care savings.
Discount – use promo code BLOG5 at checkout to receive $5 off your order of $50 or more.
Disclosure: This is a sponsored post for FSA Store. All opinions are my own as always.
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Twitter: 89linz
says:
Hmm… I’ve never heard of this. I’ll have to look into it.
Lindsay recently posted..My Bucket List for the 31 Day Blog Challenge
Twitter: MomMaven
says:
We don’t have health insurance since we are both self employed. I do need to find health insurance before he heads out this summer to be a missionary to the youth of America because it is required by the group he will be traveling with for the next year.
Cindy recently posted..Rise of the Guardians Blu-ray Review
Twitter: The_ESman
says:
This is the first time am getting to hear about this plan. Came about just in such a time when I am viewing other health policies. Wont say much about it until I go through it.
Viren recently posted..Email Marketing To Dentists, Why Is It Important To Them?
Twitter: Pamlovesbooks
says:
i love our FSA. it helps pay for our RX!
pammypam recently posted..Son by Lois Lowry Take Control of Your TBR Pile
I’ve seen FSA mentioned on my CVS receipts but hadn’t paid any attention as to what it was for.
Shanaka recently posted..Pintastic Pinning Pinterest Party- come link up your favorite pins
Twitter: momof3boys3702
says:
This is a great resources for FSA! Kelli
Kelli recently posted..Blogging Basics: Your Roadmap to Social Networking
Twitter: AngEngland
says:
It’s great that you are making people aware of the flex spending options because our flex dollars really came in handy when I was in the hospital – we didn’t use them for a long time but when I needed it – it was there!