What expenses are eligible for flexible spending account?
What expenses are eligible for flexible spending account?
Eligible expenses include health plan co-payments, dental work and orthodontia, eyeglasses and contact lenses, and prescriptions. This type of FSA is offered by most employers. It covers medical, dental, vision, and pharmacy expenses. If you have a Standard FSA, you are ineligible for contributing to an HSA.
Can I use FSA to pay for gym membership?
A flexible spending account (FSA) allows employees to use pre-tax dollars out of their paychecks to cover qualified health expenses. Generally, gym and health club memberships, along with exercise classes (like Pilates or spinning), cannot be covered by FSA funds.
What items are FSA eligible in 2021?
What are some items that are newly covered by flexible spending accounts (FSAs) in 2021?
- Monthly period supplies (cups, tampons, liners, period underwear, and pads)
- Personal protective equipment (hand sanitizer, masks,sanitizing wipes)
- Over-the-counter medications (Tylenol, allergy relief, cold medicine)
Does FSA cover electric toothbrushes?
Dentists often recommend an electric toothbrush to replace a manual toothbrush. General health items such as toothbrushes are not eligible for reimbursement from a health FSA because they would be used even if there is no recommendation from a dentist.
Is Shampoo covered by FSA?
While some exceptions may vary, shampoo is generally not eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA), health reimbursement arrangement (HRA), limited-purpose flexible spending account (LPFSA) or a dependent care flexible spending account (DCFSA).
Is toilet paper FSA-eligible?
Toiletries can describe anything from oral care items like mouthwash, toothbrushes, toothpaste and floss to hair products like shampoo and conditioners; bathroom products like toilet paper; feminine care like tampons and pads; cotton swabs and fingernail clippers, and more.
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