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Deadlines Fast Approaching To Spend Your FSA Funds @FSAstore #flexspending #ad

March 1, 2013 by Dawn McAlexander

FSA Store ~

FSA Store Flexible Spending Account

Though it is often in the backs of our minds, health care is a vital, and often expensive part of our lives. We want the best health coverage that we can afford for our families. Oftentimes, money comes out of our paychecks and we aren’t entirely sure what exactly we are paying for. Many of us even have Flexible Spending Accounts, but are we entirely sure what they are? And are we letting deadlines pass without even using our money?

FSA Deadline Fast Approaching

An FSA {Flexible Spending Account} is an employer-sponsored health coverage plan that allows consumers to set aside tax-free money for health products and qualified health care services. The FSA Store makes it easy for you to use your FSA funds so that you don’t lose them. If your health insurance plan has a grace period, then you currently have 2 weeks {until March 15th} to use your 2012 FSA funds. FSAstore.com has the largest selection of FSA eligible items on the internet, including thousands of FSA-eligible products including breast pumps, blood pressure monitors, first aid, sunscreen and much more.

The FSA Store offers 100% money back guarantees, free shipping on orders over $50, and sales are tax-free in most states. You can also pay with your FSA Card or any major credit card, making purchasing easy. The FSA Store also offers live help via chat through their site or you can call them, toll free for assistance.

Research shows that consumers waste $400 million a year because they don’t spend their FSA money on time. I don’t know about, but I hate to waste money. I sure don’t want to put my money into an account with the whole purpose of saving for a rainy {sick} day, just to let it waste because I let a deadline go by. Don’t let that happen to you. Use your hard earned money before it gets lost.

FSA Store Flexible Spending Accounts

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Filed Under: Finance Tagged With: Flexible Spending Accounts, FSA Store, FSAStore, health care, health coverage, insurance

About Dawn McAlexander

Dawn is a full time writer and content creator. Besides Cheap Is The New Classy, she also owns and writes for EatPlayRock.com, an entertainment site. Her interests include traveling, attending music events, DIY projects and reading. Dawn has a B.S. in Psychology and currently resides in North Carolina with her husband, Kenny, their dog, Marley, and their cat, TJ.

Reader Interactions

Comments

  1. Elizabeth Owens says

    March 2, 2013 at 10:29 am

    I didn’t realize that over the counter pregnancy tests count!

  2. Erinn S says

    March 2, 2013 at 10:40 am

    This is great to know! I had never heard of the store! With my sons ER trip last month and $500 deductible, we won’t have a problem spending what’s left!

  3. Tara Gauthier says

    March 2, 2013 at 10:46 am

    This is an interesting concept, it is always interesting to see how health care works in other countries.

  4. becca says

    March 2, 2013 at 11:20 am

    thanks for the great information

  5. K Squared Glamour says

    March 2, 2013 at 11:57 am

    thanks for the great info! I dont have to worry about an FSA account this year but always had some left over and never knew what to do last time!

  6. Amber Edwards says

    March 2, 2013 at 12:21 pm

    Wow, I didn’t even know services like this existed! It will come in handy next year when the husband actually has a job and we all have health insurance.

  7. Susan Bewley says

    March 2, 2013 at 12:38 pm

    I wouldn’t have been able to attend college if it wasn’t for my FASFA. I got so many grants and enjoyed quite a bit of government aid. A must for anyone planning on going to college! I recommend getting it in sooner rather than later if you want to get the most out of it!

  8. Cinny says

    March 2, 2013 at 1:06 pm

    Thanks for sharing the info. I’m kind of clueless when it come to taxes.

  9. Katie Smith says

    March 2, 2013 at 1:10 pm

    Thanks for posting this, we have like $600 we need to spend!

    • Dawn McAlexander says

      March 2, 2013 at 1:42 pm

      You definitely don’t want that to go to waste!

      Dawn

  10. Sofia says

    March 2, 2013 at 1:12 pm

    Well, my husband owns his own company but we are not on the stage to be able to provide health care for the employees (we are at a point where we either offer health care or we pay them their salary)….but this is a nice concept.

  11. Jenna M Wood says

    March 2, 2013 at 2:25 pm

    I has one of these in college and it really helped cover the things tuition did not.

  12. Nickida says

    March 2, 2013 at 3:17 pm

    My hubby hasn’t tried this before. My dad did it before and he likes using it and it does save him on taxes.

  13. Alicia says

    March 2, 2013 at 4:07 pm

    This is interesting for sure. I have never heard of this before your post. My husband’s job is union and does not have this to my knowledge.

  14. mel says

    March 2, 2013 at 5:48 pm

    What a truly fantastic idea!!!

  15. Sharon says

    March 2, 2013 at 8:11 pm

    Thanks for the helpful info! It’s always a horrible thing to let money not get used and stretched as far as it can go!

  16. Kristin Wheeler (Mama Luvs Books) says

    March 2, 2013 at 8:38 pm

    You are making me nervous thinking about taxes and money!!! UGH!

  17. Jennifer Williams says

    March 3, 2013 at 8:38 am

    I have never set up an account because of the chance of losing money, who can afford to lose money. I will look into it now, did not know this store existed.

  18. Still Blonde after all these YEARS says

    March 3, 2013 at 11:02 am

    We do this and don’t use it thinking that it will benefit us in retirement

  19. Alyssa McVey says

    March 3, 2013 at 5:00 pm

    I have heard of those, but we don’t have employer-sponsored healthcare right now. Thanks for the info!

  20. Jenn @comebackmomma says

    March 3, 2013 at 7:11 pm

    Great information. I will let my husband know about these resources in case we have extra funds left over.

  21. Stacey W. says

    March 3, 2013 at 8:46 pm

    Eek! I need to get on this…thanks for the reminder. Just finished our taxes and I said I would look at FSA next.

  22. sharon martin says

    March 4, 2013 at 11:29 am

    Glad I came across your post, thanks so much for the info really need to sort out that side of things.

  23. Michele says

    March 4, 2013 at 2:14 pm

    I do not have one of these accounts–AND I never realized there was a deadline for spending the money! Do you lose it? That does not seem right if you yourself put that money in there–if it is only the employer who does–well–what can I say–USE IT!!

  24. Ashley S says

    March 4, 2013 at 4:01 pm

    Wow, I really need to do my research on Flexible Spending Accounts. I had no idea. Thanks so much for the info!!! Very much appreciated.

  25. Laurel T says

    March 5, 2013 at 9:32 am

    We use ours a lot, but it’s sad that OTC medicines are no longer covered. Sometimes we don’t have the extra cash when we run out of something.

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*Meet Dawn*

Dawn is a full time writer and content creator. Besides Cheap Is The New Classy, she also owns and writes for EatPlayRock.com, an entertainment site. Her interests include traveling, attending music events, DIY projects and reading. Dawn has a B.S. in Psychology and currently resides in North Carolina with her husband, Kenny, their dog, Marley, and their cat, TJ.

Dawn McAlexander: View My Blog Posts

 

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