flexible savings account (FSA) shopping

So if your boss won’t go for the grace period until March 31, you must spend your flexible savings account (FSA) balance between now and December 31. Here are some ways to empty your account quickly:

Over-the-counter drugs and your FSA

Check the expiration dates on over-the-counter (OTC) drugs in your medicine cabinet.  Chances are some of them are expired so toss them and consider what you will need over the next six months. There are several flexible savings account stores online.  This version of your local pharmacy can offer an FSA store featuring OTC products most often reimbursed from your flexible savings account. 

Walgreens
Save money when you use your pre-tax healthcare flexible spending account to pay for over-the-counter items at Walgreens. Walgreen's has a special section on their website designated for FSA. They also indicate with a special FSA symbol which products are elgible for flexible spending account purchases.

CVS/pharmacy
CVS/pharmacy customers who use the drugstore chain’s ExtraCare customer loyalty card can track purchases of eligible products. Get more information on services provided by CVS/pharmacy's for your flexible spending accounts. Free shipping on non-prescription drugs every day!

Prescription Drugs and your Healthcare flexible savings account

• Drugstore.com FSA Store
• Walgreens
• CVS/pharmacy
• Walmart Pharmacy
• Target Pharmacy

Vision Service Plan - FSA eligible

How about some cool new glasses?  Contact lenses and related products are the one of the biggest flex savings account sellers on the Internet.  Just make sure you order and pay for them prior to December 31.

The World's Largest Contact Lens Store- 1-800 CONTACTS
As the world's largest contact lens store®, 1-800 CONTACTS provides you with a simple, hassle-free way to replace your contact lenses. At 1-800 CONTACTS, you will receive the exact same contact lenses your doctor prescribed, delivered to your door, at a great price. And with an inventory of over 20 million contacts, they are likely to have your prescription in stock, which means you'll receive your contacts fast.

Dental Work covered with your flexible savings account

Has it been a while since you have had your teeth cleaned?  Patients can usually squeeze in another appointment before year end, especially if the last visit to the dentist was early in the year.  Consider scheduling appointments for dental work such as a bridge or crown that may require you to pay half or more of the cost.

Deductibles and Co-payments reimbursement through your FSA

You can use flexible savings account health benefits to compensate for any prescription co-payments made during the year.

When was the last time you had a physical checkup?  Make appointments now since you may not be able to get an appointment until after December 31, which could be too late.

Your Healthcare Flexible savings Account - Already Spent?

Make sure you haven’t already spent enough to pull out all your money in your flexible savings account.  Review your checkbook, credit card statements, and receipts for expenses you have failed to submit.  If those are not easily found, call your doctor or pharmacist – they may be able to provide you with a record of what you spent over the past year.  Flexible spending account reimbursement will be a breeze with the proper itemized receipts that you can provide.