When it comes to navigating the world of employee benefits, there’s a lot to take in, especially if you’re a first timer. Among the suite of benefits you’re likely to be offered, voluntary benefits are often misunderstood. What are Some Examples of Voluntary Benefits? Voluntary benefits include a variety of options, all designed to...
Use Your FSA For Spring Break
Can you feel that? Although slower than we’d like, the weather is getting warmer and the snow is melting away, which means that spring is approaching.
And as you start planning for upcoming events like spring break, you should take a minute to think about the best ways to use the dollars in your flexible spending account (FSA) at this time of year. A variety of healthcare items and services qualify as eligible expenses that can be purchased using your FSA, and the team at Advantage Administrators wants you to know your FSA spending options!
As you may know, FSA participants can use pretax dollars from their paychecks to pay for qualified health and dependent care expenses through a special account. Along with many other great benefits, like increasing take-home pay, FSAs also allow you to buy a variety of everyday medical products, like contact lenses and insulin, and many common health and dependent care services, such as doctor’s fees and certain prescriptions.
And when it comes to getting you ready for spring, your FSA can help too! Use your FSA for:
• First aid supplies for the inevitable scrapes and bruises that come with kids playing outside
• Sinus and allergy nasal sprays so you can watch the softball game (and not worry about the nearby pollen)*
• Upset stomach medication for those long car rides*
• Eczema cream to improve bothersome skin conditions in time for shorts season*
• Skin care products to help you avoid sunburns at the swimming pool
• And so much more!
*Products available for reimbursement through a FSA with a physician’s prescription.
To see the entire list of FSA qualified health expenses, click here.
So, whether you’re headed to the beach, the park, or the backyard this summer, go prepared with your FSA! For more information on your individual FSA account, including how you can put it to use this spring, contact Advantage Administrators today or visit our website.