FSA: Use it or Lose it

Still, have money left over from 2018 in your P & A Group flexible spending account?  Remember – it’s the use it or lose it rule.  If you don’t use the money remaining in your account by the deadline date, you will forfeit the money.   You have until March 15, 2019, to incur eligible expenses for your Health Care FSA.  You had until December 31, 2018, to incur eligible expenses for your Dependent Day Care FSA.

Here are some ways to use your Health Care FSA before the end of the year:

  • Acupuncture
  • Contact lenses
  • Contact solution (You will have to pay out of pocket and submit the receipts for reimbursement.)
  • Dental treatment
  • Doctor’s office copays
  • Eye exams
  • Health Insurance Deductibles
  • Hearing Aids
  • Lasik Surgery
  • Over The Counter medications such as cold medicine, allergy treatment, and pain relievers require prescriptions for reimbursement.
  • Prescription glasses
  • Prescription medications
  • Transportation (mileage) to and from doctors’ appointments

Last updated: March 7, 2019

Last updated: March 7, 2019