Flexible Spending Accounts (FSAs) are a great way to save money on healthcare expenses. With an FSA, you can set aside pre-tax dollars to pay for eligible medical expenses, which can help you save money on your healthcare costs. However, it’s important to know what expenses are eligible for reimbursement with your FSA.
As we enter 2021, it’s important to be aware of the FSA eligible expenses for the year. Having a printable list of eligible expenses can help you keep track of what you can use your FSA funds for and ensure you are maximizing your savings.
Fsa Eligible Expenses 2021 Printable
Here are some common FSA eligible expenses for 2021 that you can use your funds for:
- Prescription medications
- Doctor’s office visits
- Medical procedures
- Dental treatments
- Eye exams and glasses or contact lenses
In addition to these common expenses, there are many other items that are FSA eligible, such as first aid supplies, mental health services, and even some over-the-counter medications. Having a printable list of eligible expenses can help you keep track of what you can use your FSA funds for and ensure you are maximizing your savings.
It’s important to note that not all medical expenses are eligible for reimbursement with an FSA. Expenses such as cosmetic procedures, vitamins, and supplements are generally not eligible. It’s always a good idea to check with your FSA provider or refer to the IRS guidelines to ensure you are using your funds for eligible expenses.
By staying informed about FSA eligible expenses for 2021 and using a printable list to keep track of your expenses, you can make the most of your FSA funds and save money on your healthcare costs. Take advantage of this valuable benefit to help manage your healthcare expenses and save money in the new year.
Make sure to consult with your FSA provider or financial advisor for more information on eligible expenses and how to maximize your savings with your FSA.