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How to Be Smart About FSA Spending

Benefit Resource Inc.

We think it’s pretty obvious, but we LOVE Flexible Spending Accounts (FSAs). With roughly 160 Flexible Spending Account (FSA)-related blogs on our site concentrating on eligibility, spending options, plan strategy, savings, and more…we cover it all! Day camps can include anything from sports camps to STEM camps.

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FSA eligible expenses — what purchases count?

Business Management Daily

Flexible Spending Accounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. While flexible spending accounts are typically associated with medical costs there are a couple of different types of FSAs. Types of FSA Plans. Healthcare FSA.

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Who Knew? Ten Lesser-Known Money-Saving Tips

Money Talk

Also, cash-back and low-interest credit cards, pre-tax employer flexible spending accounts, negotiating (a.k.a., Nevertheless, I also continue to find money savings tips that are new to me. I call them my “Who Knews?” Below is a list of 10 of my “Who Knews?” from the several recent annual AARP 99 Great Ways to Save articles.

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It’s National Sunglasses Day

Benefit Resource Inc.

In honor of National Sunglasses Day, we wanted to highlight eligible vision expenses you can pay for with your pre-tax accounts. As an overview, a pre-tax account is a type of benefit your employer may offer to help you cover out-of-pocket expenses. Other eye drops can be purchased over-the-counter at local or national retailers.

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FSA receipt requirements: What you need to document

Business Management Daily

Flexible spending accounts (FSAs) are employer-established accounts that allow you to put aside pre-tax dollars from your paycheck into a special account to be used for eligible health or dependent care expenses. Requirements for retail purchases made on the card issued by an FSA provider may be a bit less stringent.

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Best practices to avoid receipt requests

Benefit Resource Inc.

This is typically your larger retailers and pharmacy chains that sell a broad range of products and services. Pay for all the eligible medical items first with your pre-tax benefits card. Click here for a list of merchants. Use another form of payment for the remaining amount / ineligible items.

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Flu season is here- are you ready?

Benefit Resource Inc.

If not, it is an eligible expense under a Medical Flexible Spending Account (FSA), Health Savings Account (HSA) and most Health Reimbursement Accounts (HRA).) Pharmacies housed in large retailers like Walgreens, CVS and RiteAid often offer immunizations and they accept most insurance. Go to a local pharmacy or clinic.