The end of 2022 is coming up fast. If you have a medical flexible spending account (FSA), you may only have a few weeks left to spend any unused funds.
Unsure what qualifies as an eligible FSA expense? Read on for some ways you can use money in your FSA before 2022 is over. You might be surprised at what counts as an eligible expense!
Deductibles, Copayments, and Coinsurance
It’s time to schedule those doctor and dentist appointments you’ve been putting off all year, and use your FSA funds to cover your copays, coinsurance, or deductible.
Schedule a vision exam, get a new pair of eyeglasses or sunglasses, and/or stock up on contact lenses or contact lens solution. Buy those hearing aids you know you need, and batteries to keep them running. Fill your prescriptions before the year ends.
But that’s just a start! Keep reading for more FSA-eligible products and services.
More Ways to Use Up Your FSA Balance
You can find a complete list of qualified expenses at IRS.gov. Below are a few examples of items and services eligible for reimbursement from your FSA.