Introduction
How FSAs Work
Key Points to Remember
Eligible Health Care Expenses
Eligible Dependent Care Expenses
Savings Worksheet
|
Money set aside in these accounts can be used to reimburse eligible health care
expenses not covered by any other benefit plan.
Health care spending account expenses must also be considered tax deductible
by the Internal Revenue Service (IRS). According to IRS Regulations
(IRS
Publication 502), eligible medical expenses include, but are not limited to:
| Deductibles |
Copayments/coinsurance |
| Eye exams/Eyeglasses |
LASIK surgery |
| Contact lenses/saline solution |
Chiropractic treatment |
| Prescribed medicines |
Routine physicals |
| Hearing exams |
Hearing aids |
| Doctor’s fees |
Laboratory fees |
| Dental work/orthodontia |
Psychiatric treatment |
|
