With the new year approaching, it’s time to check your FSA (Flexible Spending Account) balance. Do you have money left to spend?! FSAs work on a “use it or lose it” basis, meaning any funds not spent by the end of your plan year will be lost.
While many patients may know that eye exam copays are FSA eligible, did you know that your glasses and contacts are as well? As long as you are purchasing prescription eyeglasses, sunglasses, or contacts, you can use your FSA account to cover those expenses.