“You’ve probably used your flexible spending account (FSA) to pay for qualified medical expenses like prescription eyeglasses and dental expenses. But if you find yourself with FSA money remaining in your account toward the end of the year, you’ll want to find other things to spend it on soon. An FSA is known for its “use it or lose” feature, which means you’ll forfeit any leftover money in your account after the deadline.
Below, we’ll share 77 ways to use your FSA funds for yourself, your spouse, or a qualified dependent. Since it’s an employer-sponsored health benefit, you’ll want to use the funds to pay for IRS-approved medical expenses or you’ll miss the full tax benefits of having this type of account.”
Check your medical records once a year! It’s very important for you to review the records due to mis-information being reported which can affect your ability to qualify for some health and life insurance policies. Request your report by visiting the Medical Information Bureau at https:www.mib.com or call 866-692-6901.