FSA dollars, use them before you lose them

Be sure to use up your FSA money before you lose it. Here are 5 tips with ways to help you spend down your FSA dollars.

1. Review the list of eligible expenses.

2. Make sure you have the medications and supplies you need. If you regularly take an over-the-counter or prescription medication, be sure you have an adequate supply on hand.  This may also be true for medical supplies, including contact lenses and solution, prescription glasses and even Band-Aids.

3. Schedule routine appointments. Make sure everyone in your family has received routine check-ups with their physician, dentist and optometrist.  If you see a specialty doctor, such as a chiropractor or acupuncturist, make sure you also visit them before the end of the year.

4. Get a flu shot and vaccinations. Be sure everyone in your household has gotten a flu shot and is up-to-date with vaccinations.

5. Invest in your wellness. Get back on track with your wellness goals now, and you’ll save yourself a lot of future medical expenses.  Smoking cessation expenses are eligible, as is weight-loss counseling with a letter of medical necessity.

6. Log your miles. You can be reimbursed 16.5 cents for mileage to and from eligible medical, dental and vision appointments.