Unlock incredible savings on your healthcare expenses with Flexible Spending Accounts! Dive into the world of pre-tax savings, slashing your medical, pharmaceutical, dental, and eye care costs by up to 30%! The tricky part? Deciding how much to allocate. But fear not, we've got your back! Curious about what qualifies for FSA? Explore our vast selection or check out the FSA Eligibility List on our site. Craving more details? Our 'What is a Flexible Spending Account?' explainer breaks down the essentials, ensuring you make the most out of your FSA.
*The maximum allowed IRS contribution to your FSA in 2024 is up to $3,200, however your employer may enforce a lesser maximum. The estimated tax savings provided are for illustrative purposes only, and should not be construed as tax or legal advice. Consult a licensed tax professional for appropriate advice given your individual situation. Plan your FSA contribution carefully, as any unused funds may be forfeited following the end of your plan year or any deadline extension period thereafter. Additionallt, you should keep in mind that various factors may influence a provider’s decision to deny a claim, including restrictions on over-the-counter products or specific services not covered by your plan. It is incumbent upon you to be informed of your plan's limitations.