Guess what? We’ve entered the season of holiday songs, cozy sweaters, and—wait for it—Flexible Spending Account (FSA) planning.
Yep, you heard me right. Amongst the jingles and twinkling lights, it’s easy to forget about those pesky FSA funds just sitting there. Well, I’m here to remind you: these funds come with a “use it or lose it” policy. And you DON’T want to play hide and seek with your hard-earned money!
It’s not just a game, it’s your health. Before you get into full-on holiday mode, take a breath and think about your health. Need new glasses? Been postponing that dental work? Now’s the time, buddy. If you’ve got an FSA, these funds are a pot of gold waiting to be spent on a range of qualified medical expenses. Why hoard the treasure when you can actually use it to feel like a million bucks?
Open up your FSA portal, check your balance, and review which expenses you can cover before 2023 bows out. Whether it’s a stock-up on prescription meds or finally getting that chiropractic adjustment, make your health a priority. Heck, think of it as a holiday gift to yourself.
New year, healthier you … BEFORE the New Year gets here!
Imagine this: while others are scrambling last-minute for ugly Christmas sweaters, you’ll be ticking off medical needs like a pro, maximizing those FSA dollars like they’re going out of style (because they kinda are if you don’t use them).
Still scratching your head, wondering what the heck counts as a qualified medical expense? No worries, we’ve all been there.
If you find yourself in a maze of confusion, hit up your HR department. SOMETIMES they can be a wealth of knowledge, but others, they’re just clueless. If you’re still stuck for an answer, then by all means, reach out to us and let’s figure it all out. FSA regulations can be a real challenge, and it’s easy for HR generalists to simply shrug and say “Call the help line, I’m sure they can sort it out.” No matter what, you need to make sure you’re getting the most bang for your FSA buck.
So, what are you waiting for? Time’s a-ticking! Break out of the fourth quarter fog and make those FSA funds work for you.
All the best,