The end of the year is fast approaching, and many people still have money in their flexible spending accounts, those pots of tax-free money workers set aside for health expenses. They are use-it-or-lose-it, so get spending.
Here are some ideas on how from Save Smart, Spend Healthy, a national campaign to educate consumers on the value and proper use of FSAs:
+Review the list of eligible expenses. Many items may be eligible that you haven't thought about.
+Check to see you have medications and supplies you need. This can include (for now) over-the-counter medications and prescriptions. It also can include medical supplies such as contact lenses and solution, glasses and bandages. Make sure you consider the expiration dates when you buy them.
+Schedule routine appointments. This includes routine check-ups at the doctor, dentist and optometrist. It also can include specialists such as a chiropractor or acupuncturist.
+Get a flu shot and vaccinations. Are you up to date?
+Invest in your wellness. Wellness programs such as smoking cessation expenses are eligible, and so is weight-loss counseling with a letter of medical necessity.
+Log your miles. You can be reimbursed 16.5 cents for mileage to and from eligible medical, dental and vision appointments.
And if you plan to sign up again, which you typically have to do each year during open enrollment, make sure you're aware of changes. Top of the list: Over-the-counter drugs will require a prescription.
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